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Forum Beginners How can a country President lower wages for non-state employees?

How can a country President lower wages for non-state employees?

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ezekielprincetyrus

All worlds
16 Aug 2012 23:03Link
I see ads inviting CEOs to set up corporations in different countries. The country Presidents usually say their country has 0% tax, which I understand how to create.

But they also say the private sector wages in their country are very low.

All I see on controlling wages is for state-owned enterprises.

How do country Presidents set private sector wages lower?

thanks
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Crafty

All worlds
16 Aug 2012 23:16Link
I think that is what is meant, state corp average wages. That way the CEO doesnt have to pay ridiculously high wages to compete for employees.

You wont get away with that in my countries, I dont like these cheap assed CEOs trying to pay 100 or even lower. I just up my state wages a bit and let them have a dose of unemployment.
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ezekielprincetyrus

All worlds
17 Aug 2012 00:55Link
So if you were a CEO, and you saw my state corps paying an index wage of 300, would that stop you from starting a factory in my country? If "yes," then what is a good state corp wage target index?

thanks,
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Drew

All worlds
17 Aug 2012 07:21Link
I've noticed that CEO's are likely to go 305 just because of possible competition. CEO's wouldn't want your own salaries crazy low, as it affects the stability of your country, which should be a major factor for them. If a country has salaries below 250 I would worry about placing corps in the country, so 300 is good. If it's too high then good! force them out. The higher you can their salaries to go the better it is for you as high salaries increase productivity, increasing revenue, increasing country resources paid, not to mention the benfits of having higher higher paid citizens.

Basically if you have welfare of 120+ and 0% taxes you won't be hurting on requests no matter what your salaries are.
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Crafty

All worlds
17 Aug 2012 14:17Link
Any corp paying 300 or more in my countries will always have enough workers, I make sure of that. Its a two way street, you have to look after them too, they want to make profit just as you do.