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.
The problem is some people are just greedy and have no consideration for other people’s wellbeing. Labor misconduct has been one of the biggest problems of my country. A lot of businesses tend to just give their employees the bare minimum and employees have no choice but to accept since they still need to be working and earning something somehow.