Skystrideria

Wednesday, May 11, 2005

Wages

How should workers be paid? It seems fair that they should get paid according to how much their work is worth to the company they work for. But how do you figure that out? And if workers are paid all they are worth, will the company get any profit? Should the company get any profit? Should I keep asking questions?
Help needed, applicants must have answers. Will pay according to your worth, if I figure that out.

posted by Jeremy @ 2:09 PM  

8 Comments:

  • At 8:20 PM , Blogger Jonathan Berkompas said...

    I think workers ought to be paid whatever their employer thinks fit. i.e. no minimum wage laws. It ought to be a free contract system. If a worker doesn't think the deal is good, he can find someone who is willing to pay him what he's worth.

     

  • At 8:23 PM , Blogger Jeremy said...

    So wages should be subjective?

     

  • At 9:32 PM , Blogger Jonathan Berkompas said...

    They should be allowed to be subjective, in my opinion. This would result not in irregularity, but regularity and perhaps even higher wages, because employers would have to compete with other employers for the interest of employees. In other words, if someone wasn't paying enough, and someone else was, the someone else would attract more workers than the someone.

     

  • At 9:34 PM , Blogger Jeremy said...

    What would happen if one employer was paying too much?

     

  • At 10:09 PM , Blogger Jonathan Berkompas said...

    Too much? If wages are subjective, there is no "too much". :-) It's all up to the employer: how much they can afford, how much they think the work they want done is worth etc.

     

  • At 10:34 PM , Blogger Jeremy said...

    If wages are subjective, there is no way to know whether the employee or the employer are cheating each other. You cannot guarantee justice if the standards for justice are thrown out.

     

  • At 5:46 PM , Anonymous Anonymous said...

    Here are some passages which may shed some light on the issue (in no particular order):

    Leviticus 19:13
    Deuteronomy 24:14-15
    Jeremiah 22:13
    Luke 3:14-15
    Matthew 20:1-16
    I Corinthians 9:9-10
    Proverbs 16:11
    Genesis 30:27 ff.


    Christopher

     

  • At 6:42 PM , Blogger Jeremy said...

    Hmmm, those verses seem to say that workers should be paid fairly, but they don't seem to give an indication of how the fairness will be determined.

     

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