Wednesday, September 13, 2023

Minimum Wage Should Vary According to a Company's Revenues

Many companies pay substantially more than traditional minimum wage. Most on average do not provide a livable wage, however, when they truly should or they should get as close as possible to it or as is practical for each company. Minimum wage should vary from company to company based on the revenues of each with maximum caps that each company would not be required to exceed for each specified job...

This should be the law of the land. If a third of one's income should be for housing (rent or mortgage) and one is required to individually earn thrice the rent to qualify for an apartment or home to rent or purchase, their wages from employment should jibe with or exceed this requirement or the cost of the average apartment should be adjusted to align with average wages...

A company's revenues should be routinely reviewed to determine the minimum wage for each of its employees or for their specific jobs. This could be a joint venture between the Internal Revenue Service and Department of Labor. 

Business and government owes a duty and should be held accountable for meeting the needs of the people or for helping the people to meet their own.

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