I write this as our governor here in Wisconsin is about to cut the benefits of government workers, in effect reducing their take-home pay by several percent.
It’s being done to save money, of course. In the short run it might, but what about the long term? Can you really get the same amount and quality of work from the same people for less money? And if you pay them less, will they stick around?
Both interesting questions. Without getting into all the politics of how much public employees earn or should earn, this raises an issue fundamental to businesses. If you
