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High minimum wages
Visualization of narrower problems
Name(s):
Prohibitive minimum wages
Broader
Prohibitive labour costs
Narrower
Excessive salaries of experts
Prohibitive cost of farm labour
Prohibitive cost of teaching staff
Excessive salaries of corporate executives
Excessive salaries of international civil servants
Related
High severance pay for top managers
Aggravates
Professional salary losses
Shortage of domestic servants
Aggravated by
Unrestrained wage increases
Wage rigidity in labour markets
Strategy(ies)
Improving earnings of workers
Furnishing production forces
Reducing minimum wages
Providing subsistence wages
Value(s)
High-mindedness
High-spiritedness
Minimum
Prohibition
Type
(D) Detailed problems