It is the ethical duty of every business to find a harmonious balance between maximizing profits and providing its employees with a sustainable income. This balance is critical for the well-being of society and the economy overall. The practice of ensuring that workers earn a wage that covers their essential expenses is not only important, but also a crucial element in maintaining a healthy workforce. A content-driven workforce can lead to boosted productivity, improved morale, and reduced turnover rates. Having a content and motivated workforce is a definite advantage for companies. When employees are satisfied with their jobs and feel that they are being paid fairly, they are more likely to remain loyal to their employer.
