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?

  • @trxxruraxvr
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    3 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.

    • @derekabutton
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      3 months ago

      I attempted to clarify that I understood that the income of the employee is not part of the profit

      25% is a terrible deal and that was my point