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You can try to negotiate a higher wage. Maybe you'll get it. However, if you are unhappy, you can quit and find another job that pays more.
Wages are set by market forces.
The bus doesn't. It's an inanimate object.
Of course, if you need specific licenses for certain vehicles, having the ability to drive them might be enough to put into a slightly higher wage bracket.
But not because he's more productive since his productivity is not the amount of people transported by the bus but the fact that he covers the route assigned to him; if that were true, what would happen on those days that Frank carried only six or seven people? Would the company be allowed to dock his pay because he wasn't as productive as usual?
The reason why Frank should get paid more is because the new bus is logically bigger than the old one and as such it requires a higher degree of skill on Frank's part to avoid accidents and cover the very same route.
But it is something that is up to the party, Frank and the Company, to debate and reach a common ground.
If Frank is happy with his current wage, the Company has no obligation (absent laws and union agreements which determine a different pay for those steering a bigger bus) to offer a higher compensation.
If Frank is not happy, he can go up to his boss and ask for a raise.
Then the ball would be in the Company's field and it would be up to them to consider whether the raise is in the best interest of all involved, if they are willing (and/or able) to provide that raise etc.
And if they refuse, for whatever reason, Frank is free to look for employment elsewhere.
If you're worth more then go find a job that pays more. The problem is low skilled easily replaced workers are not valued as much.
So get the skillz that pay the billz.
Invest in yourself.
it is possible population increased, but bus didnt put more bus, or more people chose bus, because car is too expansive or they prefer bus over car
If Frank obtains the license necessary to drive the larger vehicle, then yes.
If the larger vehicle has the same requirements to drive as the smaller vehicle, then Frank should just be happy he's received newer equipment to work with.
He can always, of course, negotiate for more of a raise during his next employee review.
Alternatively, if his contract is based on people carried or company profits then he will potentially get more or less, depending on the actual number of passengers rather than the bus capacity or in the other case on the expense of the resources used to buy the new bus.
Economy 101. Btw you forgot to mention how much money Frank contributed to the purchase from his pockets.