This isn’t the entire equation. Revenue models may not support wage payout of what the market might bear. If an employee is not adding value to a company ABOVE his salary and benefits, there’s no reason to hire him.
Re: “Revenue models may not support [a high] wage payout.”
Agree.
But just say that, and nothing else.
Instead, businesses have begun asking taxpayers to train their workers, and they ask government to increase the supply of cheap labor.
If you can’t afford the labor, close your business, or start a new business.