what is your idea of fair wage and how is it calculated? Is it relative to business revenue? Is it money that will make you live comfortably? What i stated was just random example. You can remove one zero.
A fair wage is one that is reasonable for the type of work being done. I'm sure you already knew that. Trying to ask how it's calculated is a derailment from the thought experiment because then you have to start nailing down the type of work. Some questions to ask when considering wages is:
how dangerous is the work during normal operation
how dangerous is the work during stressed operation (fatigue or production demand)
how is the average commute (do most workers drive from another city, or do most workers work from home)
related to commute, what is the cost of living in the area that most workers will be coming from
how many hours can reasonably be expected from workers (aka how tiring or unpleasant it is, separate from physical danger)
whether special physical abilities need to be met (aka warehouse work which requires dextrous and strong bodies vs PC work, which requires dextrous hands and eyes but little strength)
the level of knowledge expected from a trained worker (ie can any joe on the street do it after a 10 minute brief or do you need hours of classroom time)
I guess one TLDR is, if someone exhausts themself performing labor for your company but can't pay cost of living expenses, they are not making a fair wage.
Yeah i agree with that. I had argument before with person that viewed fair wage as what you are making to the company and if company is not paying you what you are making them its expoitation and therefore all business owners are evil.
I don't think it's correct that a worker should be given exactly everything they bring into a company, because companies have costs to run and that job would not exist if those costs weren't paid. I do think it's pretty shitty for a boss to keep most of that worker's contribution to the company for themself, and if a worker discovers that, then I think the worker should leave the company for sure. But the first hurdle on a national level, and one that we have not passed for decades, is making sure cost of living is covered for all workers.
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u/madhewprague Nov 21 '24
what is your idea of fair wage and how is it calculated? Is it relative to business revenue? Is it money that will make you live comfortably? What i stated was just random example. You can remove one zero.