In an involuntary termination, an employer fires the employee or removes the employee from his or her job. An involuntary termination is usually the result of an employer's dissatisfaction with an employee or an economic downturn.
While a higher minimum wage induces some automation, as well as increased worker productivity and higher prices, it simultaneously increases worker purchasing power. In the end, the costs of the minimum wage will be borne by turnover reductions, productivity increases and modest price increases.
Benefit #6 â Saves Money and Increases Convenience. As mentioned earlier, a home automation system saves money. The most beneficial impact the system will have is on your monthly utility bill. No longer will you be spending money for household appliances left on in your familyâs absence.