Angelv577 on 04 February 2016
I am not an expert but this is how I see it. Since companies operate at a specific profit margin, a raise in wages will lead to a raise in operating expenses which will also lead to a decrease in profit. In order to sustain the intended profit, they either have to raise prices of their products or services or lay off employees to offset the raise in operating expenses so yeah, I don't think it is the proper way to go.
