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Shouldn't minimum wage just increase proportionately to inflation? (lemmy.ml)

submitted 9 months ago by Anticorp@lemmy.ml to c/general@lemmy.world

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Most jobs will give you a performance review and a raise every year to account for inflation and any increased duties you've taken on. We increase minimum wage by massive amounts after far too many years which causes all sorts of economic concerns, business complaints, and just a bunch of arguments everywhere. Shouldn't they just increase minimum wage 3.5% or whatever, every single year?

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[-] Encode1307@lemm.ee 1 points 9 months ago

Belgium is probably also macroeconomically insignificant in the euro zone

this post was submitted on 15 Nov 2023

129 points (97.1% liked)

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