| ▲ | Aurornis 8 hours ago | |
> Big issue though is knowing that even if I pay someone 2x the going rate for an employee it still will not be a living wage. Being mindful of wages is great, but eventually you have to accept that creating a job at a less than ideal wage is better than not creating any job at all. If the pay is not enough then you’ll get the signal through being unable to hire because workers are taking better paying jobs. An unintuitive feature of the job market is that creating more low paying jobs actually puts upward pressure on wages. Ideally the low end of the job market should be saturated with job opportunities, which creates a situation where employers have to compete with each other to raise wages to find and retain employees, which means pay goes up for everyone. So don’t let worries about not being able to pay as much as you’d like get in the way of paying anyone at all. The alternative (less jobs, more outsourcing) is worse in every way. | ||