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WAGES vs. INCENTIVES: For those confused

 
Anonymous Coward
User ID: 77098490
United States
06/08/2021 07:40 PM
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WAGES vs. INCENTIVES: For those confused
Why employers should NOT raise wages:

The problem here is if employers raise wages they will have created an artificial floor for their staff. This means all new employees will receive the increase in wages. In addition, all other existing employees must be given a raise, or risk employee-initiated separation (quitting/resigning), hostility and jealousy in the workplace, employee-managerial tensions. Labor is one of the largest expenses for any employer, thus raising wages is NOT the solution for employers. In addition, to offset an increased labor cost burden, prices for goods and services must increase. This does not include the current supply crisis and commodity price surge. In addition, automation solutions and robotics are the future, so expect more businesses to adopt. Human workers are becoming more and more a liability and any labor that can be performed by a machine will be adopted.

Instead, employers should give incentives (and/or bonuses). This can be a sign on bonus, free food, perks, additional benefits, etc. These incentives can facilitate hiring and employment without incurring a steep increase in labor costs. This is usually a one-time combined expense.

If you, as an employee, feel you are not being paid enough, go find another job or learn a marketable skill. If your pay is low, you are replaceable unfortunately. You are paid what you are worth, according to market conditions. You are not paid what you think you are worth. Employees demanding higher pay will cause the prices of good and services to rise for EVERYONE, that includes you too. Simply put, and this will be an unpopular opinion, but it is your responsibility to increase your marketability and attractiveness to employers, especially in a fast changing world. Instead of being a wage slave and cucking for a paycheck, depend on yourself. This is the USA, anyone can "make it".

If you're wondering "Well if no one is working anymore, who's gonna make your burgers?". That's fine, I can make my own or I can have chicken or the hundreds of other choices because that is the free market.
IfYouInsist

User ID: 41011373
United States
06/08/2021 07:45 PM
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Re: WAGES vs. INCENTIVES: For those confused
Yeah, because the owner is definitely coming in to fill the empty position, rather than forcing his best workers to do doubles and lose days off. No building resentment there. The new employees he hires will work a few days, either quit or take sick days, or even better, he will hire a temp service who will lock him into a contract for a whole series of people who will quit and take sick days at double what he pays his other employees. You don't pay your workers what you can't afford. And you can't pay them because of COVID, rent, and upkeep. Game over for a lot of businesses, and people who don't start businesses don't care if businesses stay open. It was nice while it lasted.
Anonymous Coward
User ID: 41173011
United States
06/08/2021 07:51 PM
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Re: WAGES vs. INCENTIVES: For those confused
The problem with insentives are they seem to come and go at the employers whim.





GLP