Nothing like continous inflationary pressures to make everyone poorer....middle class, working class and the poverty stricken impacted the most. As usual. Short memories since the Nixon, Ford and Carter debacle years of inflation. Guns and butter policies caused that round.....people born after 1980 wouldn’t have a clue..until the last four years....
1) There is a lot of talk about "ghost" jobs that are advertised but which don't really exist.
2) There is also a lot of talk of businesses that DO want to hire people but "no one wants to work today".
3) If you pay people a good wage, they WILL want to work for you.
4) If you decide to cut the pay, you WILL have trouble hiring people.
5) If illegals get deported, wages are going to go up, not down.
6) In an inflationary time, cutting wages is just dumb.
I say the over paying for talent or the lack of talent is far worse at the top of the cooperate ladder than at the bottom.
What is, “senior customer-experience role”?
They are just hiring illegals and other foreigners and telling Americans to eff off.
I work for one of these companies!
A boss can’t pay you the full worth of what you produce other than in exceptional situations, the boss has to have a little left over to be his income. I figured this out 49 years ago at age 26 and started working for myself. It worked out great. I never had an employee either.
Instructing their customers to pull cash out of their pockets, or app to their bank account to pay the company’s workers for normal functions and everyday work, is one way.
Golly. Who woulda thunk millions of illegal turd world invaders would drive down labor costs.
Overpaying for talent? They’ve been doing that for CEOs and CFOs for decades.....
I love how this stuff blames the “bosses” for not over paying for staff.
Isn’t it a bosses job to make sure the company pays “market price” for materials and labor? Bosses who pay higher than market will find themselves cutting expenses after a cycle or so in order to stay in business.
I guess they don’t teach basic business at the high school level any more.
(And, here is a tip as well: Wall Street Analysts have more to say about projected profit margins for the next 24 months than ANY of the “bosses.” But no one wants to talk about how their 401k fund is driving American businesses into the ground!)
Also, those jobs that are now paying less better be work-from-home jobs...
Proper thinking is a good employee doesn’t cost, he pays.
Why wouldn’t they, there are all the illegal aliens to hire here now...
British-Indian management model:
- YELL at employees
- Fail to provide tools for the job
- Fail to maintain tools for the job
- Send 3 people to do the work of 8 people
- Fail to maintain property, plant, and equipment
- Run assets into the ground
- “Invest” in businesses near county and state prisons (ie hire people who are “half-way” out of jail, frustrate them [see list, above], and either they will walk away [back to drugs, and then jail] or fire them for “theft!”)
Trump says skilled immigration is coming with him. If your lifestyle depends on your college degree pay… you better start looking for a new line of work.
But he says it’s all AI… after meeting with “experts”.
No worries. Heels Up Harris and the RATs will cancel the laws of economics. Free stuff for all!
that’s what happens when you import 10s of millions of legal and illegal immigrants every year. Don’t forget your H1B job stealers as well.
It’s all worth it for “diversity” though, since Diversity is the national religion...