(02-09-2023, 10:05 PM)Nero Wrote: (02-09-2023, 08:35 PM)Blackland Razors Wrote: (02-09-2023, 07:42 PM)Nero Wrote: I also interact with plenty of other companies, they all say the same thing. "No one wants to work anymore."
They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.
They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards
No thanks.
(02-09-2023, 10:31 PM)dominicr Wrote: (02-09-2023, 08:35 PM)Blackland Razors Wrote: (02-09-2023, 07:42 PM)Nero Wrote: I also interact with plenty of other companies, they all say the same thing. "No one wants to work anymore."
They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.
What type of businesses are these? Can their product/service be delivered at the same price if these things are added or will they lose business if they increase prices?
Surprised there's pushback here since it's pretty straightforward. We're competing for a finite resource. So if we want access to that resource we have to pay more for it. We can stomp our feet and pout about work ethic all day long, but it's not going to do any good. It's no different than saying that cars should cost no more than $20k. Maybe we feel that way, but the market says otherwise. If we don't want to pay more then we don't have to, but we shouldn't expect workers to come flocking for the opportunity.
As for Blackland, I like working with people who are paid a good wage and who love working here. So we pay well above market rate, provide a fun and permissive culture, and have a lot of benefits that similar jobs don't provide. It feels good to pay a living wage and you can imagine that we don't have the same problems of people with no work ethic.
