Beka Corporation has been operating for almost 10 years now. After five years of operation, it started borrowing money from the bank yearly to keep its business going. Due to the global crisis and the weakening of the Philippine economy, the company failed to pay its debt to the bank. Because of this situation, the bank sued the company. The company decided to cut down its expenses by having a mass lay-off of its employees in order to cope with the demands of the bank. But certain groups of employees opposed the idea so they initiated a dialogue with the management. They said that they prefer a salary below the minimum wage rather than to lose their jobs especially in these times. However, the management told them that this is against the law and that the company might face criminal offense. Still the employees continued to plead until the company gave in. As a consequence, the company told the employees that they would have to sign a document stating that they actually received the right wage to make it appear that the company is paying the right amount of wage to them.
Question: The employees insisted on what was legally wrong. Is this action morally justified? Explain your answer.
