My June 25 column, “Pay Disparity Violates Credit Union Philosophy,” accomplished exactly what I had hoped. It started a dialogue about employee wages.
For the most part, feedback was positive. Almost all the emails and calls I received started like this: “For the most part, I agree with you, but …”
The most frequent comment was that increasing minimum wage is unlikely to solve the larger wage disparity problem. And there is merit to that argument. As one technology manager pointed out, it's simple economics. Raising wages without raising prices creates unemployment, which exacerbates the problem.
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