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?
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?