If that small increase, let's say in line with inflation, affects your bottom line then your business is actually failing, and you've had to stifle the real wages of your workers in order to keep it afloat. I'm not really sympathetic.
There are legitimate concerns over what constitutes a living wage and where, but this weird argument about breaking the company's back with it is a myth. It just doesn't occur in reality. Wages are a vanishingly small portion of overall business costs, especially so if you're only paying them minimum wage.
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Date: 19/3/12 03:20 (UTC)There are legitimate concerns over what constitutes a living wage and where, but this weird argument about breaking the company's back with it is a myth. It just doesn't occur in reality. Wages are a vanishingly small portion of overall business costs, especially so if you're only paying them minimum wage.