Company Near Seattle Introduces $70K Minimum Wage

[Lemon Drop]

sekker wrote:
I wish I COULD pay $70k (or more!) per year for EVERYONE that works for me.

But the economics means that's not possible. Most of my employees earn no more than 2/3 of that.

So is it better to fire 1/3 of my team so that the other 2/3 earn more?

I don't get why everyone is taking this as some sort of universal rule that needs to apply everywhere

it's one guy, one company, doing the thing that as owner of the business he is 100% entitled to do