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"Executives do not get to decide the pay level of employees." No, but they get to set the payroll budget for different departments, and they get to put other i
by s73v3r_ 8y ago
"Executives do not get to decide the pay level of employees."
No, but they get to set the payroll budget for different departments, and they get to put other incentives in place, like bonuses for managers that keep payroll down.
"A tight labor market causes the raises"
We already had a tight labor market. The conventional wisdom that tight labor markets lead to raises is being bucked. Economists have been pretty stumped at the fact that wages have not been rising.
"But none of that involves buttering up CEOs and getting them to pinky-swear that they're going to give out raises just because they can. The wage level is always "as low as they can get away with""
See, this is complete horseshit. Why the fuck did we give them the tax break, then? Why the fuck do we just take them on their word that they'll do something and give them tax breaks, and then tell workers that they have to beg and plead with their employers to actually fucking get it?