Do You Consider Your Employees A Possession or Just Pure Expense?

A few days ago, I was talking to an individual concerning his local business, and he asked me what he should be paying his employees. Now mind you this is a little business with only two staff members, and also periodically some part-time workers to deal with several of the larger accounts which turn up during the month. We were speaking about just how to trim costs off his company to make sure that he might make even more cash. He was wondering exactly how he might do that since his labor expenses were the highest possible expenses of all.