pulmonaryKid Wrote:
Nov 20, 2012 6:59 PM
You're correct. In a free market employers would be capable of setting wages higher than their competitors to attract qualified employees, however during the labor shortages of WWII government wage controls forced employers to find other means of compensation to attract labor. The government did however allow businesses to offer increased fringe benefits like health insurance and sick leave to perspective workers. Yay government intervention.