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Lowering the minimum wage

Day 493, 15:35 • Published in Greece Greece

• by Hellenic Revenge

A discussion started in the congress regarding a slight lowering of minimum wage. An attempt to lower it failed a few days back, when the proposal was rejected with a 4-4 vote. H.R supports this proposal.

The fact is that wages are on a rise and this won't change at any time soon. Lowering the minimum wage will eventually only affect... the minimum wage! This means that for the first two days of a new player (until he gets to skill level 1), instead of receiving 5 GRD per day, he will get 3 or 4 GRD.

For a Grain company like Hellenic Grain, an unskilled employee is paid 5 GRD and his work returns only 0.2-0.6 of a GRD to the company! We employ level 0 workers for two reasons:

1. To support new players and the economy.

2. In the hope that this new employee will be active and stay with the company, eventually giving it profits instead of losses.

Most new players doesn't work like that though. They will either turn inactive in the first few days or move to another company the moment they see a higher wage.

If a new player turns inactive or leaves after two days, with the current minimum wage the company will lose around 9 GRD (10 GRD wages minus ~1 GRD profit from his work). This will finally force companies to stop employing level 0 workers.

Lowering the minimum wage will also lower the losses of employing unskilled workers and allow companies to continue doing it.

H.R. CEO

Comments

Che Greco Day 493, 16:22

Congressman Che has your back.

Now theres the matter of the other 9... Try sending them all a message with a link to your article. I will present it in the forum as well.

Zorba Day 493, 16:35

Excellent point. I wish you could get it even lower than 4 GRD. Maybe once prices are less inflated. Voted!

Chazisop Day 493, 20:03

It won't work. 1 grd doesn't make a difference for the employer... it's the lower productivity that he's concerned about. I have noted elsewhere my points , so sorry but I don't agree with this position.

T-Schultz Day 494, 09:13

I also wrote an article concerning, among other things, lowering the minimum wage.

Here's the link: http://www.erepublik.com/en/article/the-system-is-broken-article-2-minimum-wage-and-the-citizen-fee--765192/1/20

Yiannis Balambani Day 495, 10:44

I support lowering the minimum wage but only by 1 GRD. 1 GRD may not make a difference but finical in the long run it will. Lowering it further will cause businesses to exploit hard Greek labor and for that I say only 1 GRD if it will help our businesses as the people came first in my beliefs as the people are the country.

Hellenic Revenge Day 495, 14:57

Congressman, if you were one of the 6 congressmen that voted against the last bill, i would suggest contacting the others and starting another debate. Lowering by 1 GRD is better than nothing.

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