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The state does not test a person's means, but by offering low wages in return for hard work it deters those who can support themselves.
Such contracts already bind many state-funded scholars who study abroad.If the investor is a government, it could recoup its investment by making adults surrender a percentage of their wages in return for earlier subsidies.
A union spokesman said that on May 31, after six years of legal wrangling over overtime pay, the union rejected a company proposal to offer back overtime wages in return for lower sales commissions.
For years this has been China's bargain with its mobile masses - steadily increasing wages in return for hard work far from home.
David Millon (1998) favors a just cause default rule, by contrast, on the grounds that it will permit employees to hold out for higher wages in return for becoming at-will employees.
However, this low return may be due to the high level of unemployment in which workers tend to trade lower wages in return for more secure employment (Hoti, 2011).
Similar(49)
He said: "It is a national evil that any class of Her Majesty's subjects should receive less than a living wage in return for their utmost exertions".
George Osborne has claimed that his politically audacious budget, promising big rises in the minimum wage in return for a cut in welfare, represents "the new centre of British politics".
In eight areas of the country teenagers who have too often fallen through the net and are receiving no training will be offered learning agreements: a training wage in return for gaining skills.
A little over a century ago, Winston Churchill gave a speech, as president of the Board of Trade, saying: "It is a serious national evil that any class of His Majesty's subjects should receive less than a living wage in return for their utmost exertions".
For tech startups, it usually boils down to cost: most can't even afford to pay $60K salaries, so they look for motivated, young software developers who will accept minimum wage in return for equity ownership and the opportunity to build their careers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com