econ 101... maybe 102... wages almost never keep up in a wage/price inflation spiral... companies are not to blame for this... watch as margins go under pressure as interest rates go up and higher input prices continue to eat margin awayGhost of Bizbee said:Quote:
it is funny that you mention moonlighting... i'd need over 2 hands now to count the number of people that i know that do this currently and do not give their current employer what is required by their contract/employee agreement... part of the reason why remote work has failed by and large.
to me this is stealing...
Comp largely hasn't kept up with inflation/CoL increases. Organizations need to pay their people more to discourage moonlighting.
And remote work depends on the type of work and culture. For the team I'm on, it has worked really well.
If they start requiring people to go into the office on a regular basis, people will leave. Times have changed, and it's now a disadvantage for large companies not to offer remote work for their people.
Now, I'm waiting for the 4-day workweek to become the norm. We all need it.
employees have had the upper hand really for the last couple of years... that's why the local chilis can't stay open and quality labor at any level continues to be a struggle
over the next year, it will shift back to a "buyer's" market and productivity will increase again
a 4 day work week would be about the dumbest thing that America could do in a global marketplace... imho