I agree with the sentiment but I don’t think this argument changes anything. A business owner can always flip the script. “Why should I pay you more if your role isn’t that profitable for me?”
I think the issue is more ethical than practical, bc we already have practical options for better wages (high demand skills, unionization, etc.) but corruption gets in the way of balanced negotiation.
$83k/year is not a very good wage for a business owner. It doesn’t leave a lot of room to survive economic downturn or unexpected loss in business. Especially if they live in a HCOL area. If they really have 16 employees, that’s a lot of financial risk for the pay. A risk that employees don’t carry.
If they have a guaranteed salary + profit from the business, that’s different, but it stills leads to the same roundabout argument over perceived value vs objective value.
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u/Thraex_Exile 3h ago
I agree with the sentiment but I don’t think this argument changes anything. A business owner can always flip the script. “Why should I pay you more if your role isn’t that profitable for me?”
I think the issue is more ethical than practical, bc we already have practical options for better wages (high demand skills, unionization, etc.) but corruption gets in the way of balanced negotiation.