Quote from: Stepstowealth on Today at 05:03:13 PM

Quote from: TEBTC on Today at 04:36:39 PM

he has created wealth to his employees by way of paying them salaries which in turn translate to economic growth

This is a reason why it is important for employers to pay their employees well because it is a contribution to the economic growth. If employees earn well, they will have more to spend, and other business owners that they patronize will have more to either pay their own employees well or to spend on other businesses.
It becomes a cycle where everyone earns well, everyone is happy, crime rate reduces, and the economy improves.

This is a utopia you're referring to. In the real world, lots of companies will try to cut it short with their employees and take the huge portion of the pie and just throw pizza parties to the employees to avoid burnout. Sure, companies provide employment and salaries to their employees, but it's almost always certain that they try to reduce what they're giving their employees by not giving the right salary equivalent to the skill of their employees.

I've only ever had two companies I've worked for who really care for their employees and give them the best employment possible. They provide all the benefits, hand out bonuses in recognition for their work, and even promote profit sharing to eligible employees. Those companies are extremely rare, and the rest are just out to exploit their employees to do what needs to be done for the company.