this post was submitted on 07 Sep 2024
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No Stupid Questions

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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?

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[–] [email protected] 6 points 1 month ago* (last edited 1 month ago) (6 children)

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?

Yes! That's how an average slave labour company works, you hire someone, you make them work long hours so they couldn't have 2nd job or hobby, you pay them at the minimum wage, you lower their self worth and self esteem, and you put up all the barrier of quitting that's actually illegal but they don't dare to even test it. It's the best strategy to keep yourself afloat and them underwater.

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?

Yep, there's two way of employee retention, one is pay them good and treat them good they can't even go through the bothersome process of searching job, another one is pay them just barely enough and trap them physically and mentally, drilling the learned helplessness into their mind so it's impossible for them to even take the first step. Of course you'll want to take the latter option because it's the best slave labour strategy and maximise your own return!

And if that threshold falls below state mandated minimum wage, what steps can be taken to mitigate this?

You move to another state with lax law and force your employees to move, of course! And if that's not an option, there's always gonna be a pizza party on friday night.

Remember, the less money you pay for your employees, the more money you pocket yourself. Get yourself a Titanic tour ticket, you earn it!

[–] [email protected] -5 points 1 month ago (3 children)

I don't appreciate the sarcasm. Things have become tight. And after some knuckleheads couldn't handle basic tasks in a basic industry, I have found we are able to operate with just half of the staff I used to pay. The ones who stick around know their worth.

What I'm worried about is that the remainder will also try an leave, knowing that I rely on them more than ever before. So my angle is to obfuscate the fact that I actually need them. How do I make sure they can't read me on that?

[–] [email protected] 4 points 1 month ago

I don't appreciate the sarcasm.

Good. That's the point.

It's a shaming tactic that you aren't supposed to enjoy.

[–] [email protected] 4 points 1 month ago

You’re making double, dole that money out, at least part of it. I recommend off the cuff giving COL raises and improving health care a bit - improving family benefits seems to go over well. Tell everyone you know they’re working harder, and you want to recognize this. People will propose new machinery that care about the job… build a case for it and show them where you see the numbers in the long term.

[–] [email protected] 3 points 1 month ago

Maybe it's time to admit that you are bad at this and you should do something else besides trying to run a business. It's clearly not your forte.

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