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Here’s today’s letter:
I’m finally doing it! I’m starting my own business. Things are going better than expected and I’ll need to hire people soon. What should I pay?
Link from today's discussion:
https://livingwage.mit.edu/

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04/18/22 • 9 min

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Progressive Pockets: a podcast about the untapped power of our wallets to build the world we want - 33. What should I pay my first employee?

Transcript

Here’s today’s letter:
I’m finally doing it! I’m starting my own business. Things are going better than expected and I’ll need to hire people soon. What should I pay?
First of all, congratulations on your new business! Small businesses are incredibly important for our economy- almost half of Americans work at a small business, that’s 47% of Americans according to the Small Business Administration. So creating a job is huge.
The fact that you’re even thinking about being

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