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Why would salaries or benefits decrease?
by alpb 9y ago
Why would salaries or benefits decrease?
- carlmr 9y agoLaw of supply and demand. More supply, steady demand => More bargaining power on the side of the company.
- tiggybear 9y agoYour paid based on your leverage not how much your output is worth. If supply of workers with your skills goes up, your leverage to negotiate goes down and so does your wages. Labor does not get to share in economic growth, they get to split an ever decreasing share of profits. The more people that are available to sell their labor, the more pieces that shrinking pie has to be cut into.