April 04, 2022

Andreas Widmer, Associate Professor of Entrepreneurship and the director of the Art & Carlyse Ciocca Center for Principled Entrepreneurship, was interviewed about whether employers are morally obligated to increase their employees’ wages to keep pace with higher prices for Aleteia.

"'Do to your employees what you wish your employer would do to you. Because you know what you are able to do and what you are not, and act accordingly. It’s like tithing, you don’t give a specific amount, you give what you can,' said Widmer.

On the other hand, 'if a company’s profits suddenly go up because  of the scarcity of things I think there is a moral obligation to reward, compensate, include the employees who help you create this value to adequately share the rewards with them,' he said."

Read the full article, "When inflation spikes: Do employers have a moral obligation to raise salaries?"