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No, I think I stated it correctly. Those with more savings/assets would stay and be able to withdraw from their savings while their pay isn't enough. Those who
by vortico 8y ago
No, I think I stated it correctly. Those with more savings/assets would stay and be able to withdraw from their savings while their pay isn't enough. Those who need every penny for the next utility bill would be forced to leave.
- coldtea 8y agoWell, how about considering the inverse: Those with more savings/assets would be able to live off of them while looking for another job if the pay isn't enough. Those who need every penny for the next utility bill (but still make it, even if barely, with the reduced pay) will stay with the company, as they can't risk getting off employment for any length of time. All 4 options could be at play. Which is why people barely making, still keeping at jobs despite horrible pay cuts. It's because they don't have any safety net to go look elsewhere.