Developing a different standard for wages

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It seems that many companies tend to think of wages as merely that which is determined by external factors (minimum wage laws or the going market wages). If they can pay employees a lower wage, then they do, because this is being respectful of the company's bottom line. On what basis could you make an argument for developing a different standard for wages that meets demands of transparency and fairness?

Reference no: EM133185770

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