Re:Minimum wage would be $26 an hour if it had grown in line...
by joshgrib on Tuesday September 14, 2021 @04:20PM
(#28530526)
Yeah this seems like a dream world, if you're a publicly traded company you have a legal obligation to pay people as little as you can, and with most companies in general the founder/owner feels like they're entitled to as much as they can take for "taking the risk"
Based on...? What employer do you know of that just willingly offers employees raises for no reason other than "you're producing more for the company so here's some free cash"? The only role I'm aware of at most companies that directly ties your output to your income is sales, and even that can be sketchy depending on where you work and how transparent they are with the financials.
Most publicly traded company's goals are to pay you as little as possible to retain you.