Is it good employer strategy to pay my employees just enough so that they can’t save money, so that they can never walk away from the job?
Like, there is a threshold where if they are able to save X per month, they will eventually use that against you and quit at an inopportune time?
And if that threshold falls below state mandated minimum wage, what steps can be taken to mitigate this?
There really is a risk, as an employer, that your employee makes so much money they want to work less. Which I solve by complimenting their work/life balance and this gets me hard workers that don’t burn out.
Sorry, I meant to say “no one wants yo work any more.” Apologies.