this post was submitted on 24 May 2026
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This would impact the companies pnl though, so shareholders and c suite will get less money. That’s why they’re scaring people into not wanting to increase wage.
The hilarious irony is that is not even conclusive. There are plenty of studies, both real-world and contrived, that indicate that employers paying more, in broad, yields returns in excess of the added payroll costs.
Not only are there more customers, but increasing pay increases the quality and quantity of labor output.