Comment on Minimum wage is UK’s ‘most successful economic policy in a generation’

MonsterMonster@lemmy.world ⁨3⁩ ⁨months⁩ ago

On one hand this is good news. On the other hand it represents a problem whereby employers exploit workers via low pay and causes low productivity.

That problem isn’t going away too soon unless employers change their stance in paying better wages to get better productivity.

As the saying goes “minimum wage, minimum effort” unfortunately.

Here’s an article via the LSE on low wage and productivity.

source
Sort:hotnewtop