Monday, May 9, 2016

Wage to be given to employees when starting new venture



Living wage for the bottom ones atleast. If not possible, start with two third of the living wage for the bottom with keeping provisions to top up to living wage when profit gets in. At the least, start with half making sure the salary is atleast 50% higher than the competitior now or later stage. 50% is chosen as less than that would not get noticed, so may not give that impact.

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