While you take over the economy of your country in Victoria 3, you have to keep in mind various factors like the living situation of your pops and if their needs are met. While your pops can choose their profession in the game, they will need their wages to help them pay for their various needs. As the price of goods and services increase, so should their wages, and in this guide, we will see how to increase wages in Victoria 3.
How to Increase Wages in Victoria 3
The pops’ wages can affect their standard of living and can also affect their needs. Here we will see how to increase wages in Victoria 3.
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The wages of your pops will depend on how efficient your economy is. Buildings will hire pops and pops are generally drawn to better pay. To increase wages, you need to ensure the working environment is competitive enough. Buildings can only increase wages to attract more pops from different buildings but the same state. Once they are successful in drawing in more pops, they can effectively improve the wage structure and increase the turnout of goods and services. It is best to dabble in different industries instead of focusing on only one to know what is in demand.
Subsidizing buildings and reducing taxes are other ways to increase wages for the pops to meet their general needs. You can also increase or reduce the cost taken up by government buildings since they don’t offer any goods in return. Increased spending on government buildings and the military can ensure that the economy is running efficiently, but will raise the tax rate substantially. Ignoring or lowering the government wages can make them take out whatever is left in the treasury, leaving you with less money to run the country and affecting wages.
Last, you need to set the prices of your goods according to the standards of living. Having a trade line for basic needs can help you keep a healthy supply of goods for daily needs, which also helps keep the price of goods in check and help keep up with the general income.
That’s all there is to know about increasing wages in Victoria 3. If you like this guide you can check out our other guides as well.
