Posted 6 years ago on Dec. 11, 2014, 4:37 a.m. EST by donOld
This content is user submitted and not an official statement
You’ve just been asked by the President to design a fair national wage scale. If the highest paid workers make 100%, what percentage should the lowest paid workers make? How many categories would you put in between the highest and lowest paid, and what percentage would each category pay? What types of jobs would be typical in each category?
Here’s an example:
6 categories total
category 1 pays 25% - minimum-wage retail jobs
category 2 pays 40% - college-degree jobs?
category 3 pays 50% - skilled, college-degree jobs?
category 4 pays 60% - university-degree jobs?
category 5 pays 75% - skilled, university-degree jobs?
category 6 pays 100% - highly skilled, professional jobs?
What would your recommendations be?