Due to the low unemployment rate percentage, this indicates that most local citizens already have a job. PepsiCo, Inc. would have to increase their wages or strategize for a type of opportunity cost that would attract locals to possibly leave their current local job for a foreign organization. For example, if PepsiCo, Inc. had a warehouse in British Columbia, where minimum wage is $10.85 in USD, the company would be paying more than $3 more than a minimum wage worker in a Pennsylvania warehouse. PepsiCo, Inc. would most likely pay their low-level staff about $10 because it was greater than the minimum wage and it could influence a worker to be more efficient. However, back in British Colombia, PepsiCo, Inc. managers must decide if he wants to pay their local employees minimum wage, greater than minimum, or possibly hire an employee from another
Due to the low unemployment rate percentage, this indicates that most local citizens already have a job. PepsiCo, Inc. would have to increase their wages or strategize for a type of opportunity cost that would attract locals to possibly leave their current local job for a foreign organization. For example, if PepsiCo, Inc. had a warehouse in British Columbia, where minimum wage is $10.85 in USD, the company would be paying more than $3 more than a minimum wage worker in a Pennsylvania warehouse. PepsiCo, Inc. would most likely pay their low-level staff about $10 because it was greater than the minimum wage and it could influence a worker to be more efficient. However, back in British Colombia, PepsiCo, Inc. managers must decide if he wants to pay their local employees minimum wage, greater than minimum, or possibly hire an employee from another