> Why would I hire an inexperienced guy for a job if I have to pay him the same as a normal guy.
You hire people not because of skill but the fact that they can be exploited or not?
You hire people not because of skill but the fact that they can be exploited or not?
I live in a very wealthy suburb of LA where minimum wage is already $14.50 and my local In-n-out pays $19. Everyone at the fast food spots near me is clearly in high school or college. Clearly they "generate economic output". Gimme a break. Pretty sure the kid at the local Sprouts is like 17.
A large cheese pizza near me is $24. If someone can't buy a pizza after working for you for two hours then you have no right to be speaking about "economic value".
Holy moly. For me that's $7-$16 depending on the quality.
Lets say I have a software development agency focusing on scaling sophisticated platforms.
There are plenty of rote repetitive stuff thats not critical in nature. So it would make sense to hire a guy/gal who just got out a bootcamp. They basically get paid to learn & polish their resume while you get low value stuff done with the added benefit of potential valuable team member in the making.
Now imagine if California passed a law saying all software development jobs must be payed $50/hr.
Mind you this was already a barely an acceptable trade for agency with a lot going on these employees sticking with the agency after they gained some experience.