Waget heft? I don't know what it is but I don't think I'm going like it
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That is not what wage theft is. Wage theft is when you don't get paid what you're legally supposed to receive. Examples would be clocking you out before done working so you get less hours, not tracking overtime properly, etc.
...and the great thing is by classifying your employees as EXEMPT, you can get away with it, too!..
it is not even "no increase". wage increase not proportional to profits is wage theft and wage increase not higher than inflation is horrible management.
Expecting wage increases proportional to profits is only reasonable if you also accept cuts proportional to losses.
We have that, it's called layoffs. Except companies lay you off anyway even when there's record-breaking year-over-year profits multiple years in a row.
oh this definitely already happens either in the form of pay cuts or lay offs. And anything below inflation rate should be considered a cut really so you get cuts even when there may be profit. So getting a cut only when there is a loss can even be considered a win from this perspective lol.
We already get automatic annualized pay cuts by default.