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Comment by Supply5411

I don't agree with criminalizing long commutes, nor do I agree with the minimum wage, which is a similar overstep from the government into employer-employee relationships. However, I agree with the spirit of both (protecting a worker), and think that an employment contract should be required to state the value of each party's consideration (what they're exchanging).

In other words, an employer should be required to state the forecasted value (measured in profit, updated annually) of the labor they are purchasing. As it stands, very few workers know their value to the company, which severely harms their ability to negotiate. An employee should know how exactly how much a company is profiting from their labor. If this information asymmetry is resolved, I don't think there would be a need for many employment regulations, including minimum wages, or hypothetical restrictions on long commutes, because workers will automatically have a far better negotiating position.

parent Supply5411 3 years ago

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