I'm not quite sure what you mean by underpaying? If people are willing to work for a company, and everything is as promised, what's wrong with that? (If things are not as promised, the legal system can help.)
I'm not quite sure what you mean by underpaying? If people are willing to work for a company, and everything is as promised, what's wrong with that? (If things are not as promised, the legal system can help.)
Read what I wrote again. The point of sectoral bargaining is to remove downward competition on wages as a possible competitive advantage.
> I'm not quite sure what you mean by underpaying? If people are willing to work for a company, and everything is as promised, what's wrong with that? (If things are not as promised, the legal system can help.)
What’s wrong with that is: low wages are bad. Your conceptual mistake here is thinking that jobs are “voluntary”. Most people are forced to do jobs in order to pay for food and shelter.