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Some businesses can’t afford to pay their staff minimum wage. They pay below the minimum wage. At what revenue level is it mandatory that a business should pay staff the legal minimum wage in your country?
Some businesses can’t afford to pay their staff minimum wage. They pay below the minimum wage.
At what revenue level is it mandatory that a business should pay staff the legal minimum wage in your country?
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In my view, any business regardless of revenue should aim to pay at least the legal minimum wage once it can sustain regular operations. Minimum wage laws exist to ensure workers earn a basic standard of living, so technically, as soon as a business has the capacity to hire staff and generate incomeRead more
In my view, any business regardless of revenue should aim to pay at least the legal minimum wage once it can sustain regular operations. Minimum wage laws exist to ensure workers earn a basic standard of living, so technically, as soon as a business has the capacity to hire staff and generate income, it’s legally and ethically required to pay them at least the minimum. If a business truly cannot afford it, it might be better to delay hiring or seek alternative arrangements until it can comply with the law.
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