No because with each added employee comes added revenue
That's not a guarantee, and that also assumes that you're getting the correct value from that employee. His or her value at $6.50/hr might be markedly different at $7.25.
Sometimes it is fine to be 'just right' in size.
And minimum wage also distorts that. If a company is at the "just right" zone, and truly can't afford to pay more out, but suddenly adds hundreds of dollars a week to payroll, something has to happen to make that up.
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Date: 18/3/12 04:07 (UTC)That's not a guarantee, and that also assumes that you're getting the correct value from that employee. His or her value at $6.50/hr might be markedly different at $7.25.
Sometimes it is fine to be 'just right' in size.
And minimum wage also distorts that. If a company is at the "just right" zone, and truly can't afford to pay more out, but suddenly adds hundreds of dollars a week to payroll, something has to happen to make that up.