Legendary investor Warren Buffett recently weighed in on the ongoing debate around worker compensation. His stance is straightforward: anyone putting in a solid 40-hour workweek should have access to a decent standard of living. That part's pretty clear-cut.

Here's where it gets interesting though. Buffett doesn't think simply cranking up the minimum wage is the solution to this problem. Instead, he's proposed alternative approaches that he believes would actually tackle the root issues more effectively.

While many argue raising the floor on wages is the direct fix, Buffett sees the bigger picture differently. His alternative proposals suggest there might be more nuanced ways to ensure working people aren't struggling while keeping the economic machinery running.

It's a thought-provoking position that challenges the conventional wisdom on this debate.