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Hopefully a tighter labor market will result in higher wages for workers, reducing the necessity of overtime. There's some evidence that in the united states th
by jadedhacker 8y ago
Hopefully a tighter labor market will result in higher wages for workers, reducing the necessity of overtime. There's some evidence that in the united states that employers are so powerful that even the tightest labor market in years isn't increasing wages.
EDIT: However, can you imagine such reforms being implemented here? This is the power of a leftist coalition capturing the state. As mild a reform as this is, it stretches the imagination for what is possible here.
- deleted 8y ago[deleted]
- walshemj 8y agoHasn't made a huge difference in the EU though in non unionised companies - but I think anything would be an improvement. A minimum statutory leave policy would make more of a difference say 4 weeks minimum.
- brightball 8y agoPart of that is artificial price controls due to insurance. In markets controlled by insurance payouts, higher demand doesn’t allow the business to increase the price service.
- dev_dull 8y agoWhat evidence do you have that it's employers who are powerful holding down wages? Being a small business owner in America sucks. You can barely afford to employ anybody.
- yulaow 8y agoHonestly, that's what says any employer in any part of the world. I am currently in a SW-EU state and I hear the same exact words every day, and here the work market is far more heavy regulated and taxed.
- hnisgroupthink 8y agoBecause there are always businesses on the teetering edge of solvency, higher taxes just destroys them like a high tide of the ocean.
- deleted 8y ago[deleted]
- jjoonathan 8y agoThe productivity-pay gap. It might not apply to small businesses, but we're talking about the whole economy, not just small businesses.
- throwaway2048 8y agoLook all over this thread. The american additude towards employer-employee relationships is totally fucked.
- mattm 8y agoBecause they've been found guilty of it. Apple, Google and others were found to be colluding to keep salaries down and recently the same thing has been found in the animation industry with Pixar, Disney and others.
- f00_ 8y agobut the largest employeers destroy unions, and have more bargaining power than a single employee
- imajoo 8y agoThey have already increased the minimum wages and consumer prices have started to creep up. Outside of the Chaebol's (ie: Samsung, Hyundai, LG, etc) there are a f-ton of small businesses. Source: I live and work in Korea.