Is it good employer strategy to pay my employees just enough so that they can’t save money, so that they can never walk away from the job?

Like, there is a threshold where if they are able to save X per month, they will eventually use that against you and quit at an inopportune time?

And if that threshold falls below state mandated minimum wage, what steps can be taken to mitigate this?

  • derekabutton@lemmy.worldEnglish
    0·
    2 months ago

    Wait so are employees lucky if they get 25% of the money they earn their employer beyond their cost to the employer?

    That is, if I cost 100k including benefits and support staff costs and my work directly generates 200k profit over all costs, does that mean that the business should pass 50k to me and take the remaining 150k in order to follow the quick rule?

    • trxxruraxvr@lemmy.world
      0·
      2 months ago

      The money they earn is income, not pure profit. The business usually has other expenses that have to be covered. In that case 25% is usually not a bad deal.