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Overnight Reboot Thread

397
The Mongoose10/18/2012 9:22:17 am PDT

re: #394 Decatur Deb

Not only (business) ethical, but a duty to the shareholders that can sometimes be enforced through civil law. (Now I go looking for a corporate law guy.)

In theory this works itself out. The worst employees might get stuck at that wage, but the business down the street will pay more to get the better employees and provide a better service, which leads to the first business raising rates, etc. Supply and demand for labor balance out eventually.

In practice? Not as simple as that, obviously.