This will simply serve to move companies out of the USA. No company can survive if it does not look out for its own interest ahead of all other interests.
Here’s a clue dipshit. Looking out for your employees best interests, is in the companies’ best interest. A former roommate of mine called it “enlightened self-interest”.
If you treat your employees well, pay them well, and make them feel valued and respected, they will be happier, more productive, and less likely to leave.
I worked for such a company. It was an amazing place to work. We had top salaries and benefits, premium supplemental health (paying everything OHIP doesn’t), 3 weeks paid vacation to start, health club membership, flex hours, profit sharing bonuses (the Spring Bonus) and Christmas bonuses, and matching contributions on employees personal retirement plans.
Our firm had the reputation as the “hardest working firm on Bay Street”. We had the highest average billable hours, while billing clients the lowest fees of any of the top firms. It was a pleasure and a joy to work there. In our department (100 people), two people quit in 5 years and one came back after three months.
Increased production and billings directly impact the bottom line. Low turnover means lower training costs, higher employee skill levels, which further increases client satisfaction levels and firm profits.
Doing well while doing good should be every company’s motto.