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Not on the side of Corporate America but curious how you would respond. As markets get more mature, it becomes difficult for companies to maintain employees if
by spyckie2 7y ago
Not on the side of Corporate America but curious how you would respond.
As markets get more mature, it becomes difficult for companies to maintain employees if their salary level to contribution rate drops. Is the assumption that employees will absolutely be valuable to a company's strategic goals? How can a company practically care for an employee for life?
- deleted 7y ago[deleted]
- pm90 7y agoThe answer is that companies can’t. Private businesses shouldn’t have to create expensive welfare programs for their employees, but pay their taxes and let Government take care of healthcare and other essentials through national healthcare programs.
- corebit 7y ago"Private businesses shouldn’t have to create expensive welfare programs for their employees, but pay their taxes and let [individuals] take care of [their own] healthcare and other essentials". FTFY
- SketchySeaBeast 7y agoIs the theory that healthcare prices would drop like rocks and surgeries wouldn't cost hundreds of thousand of dollars, or do the poor just die?
- SketchySeaBeast 7y agoIs the theory that healthcare prices would drop like rocks and surgeries wouldn't cost hundreds of thousand of dollars, or do the poor and middle class just die?
- glitchc 7y agoBefore we worry about taking care of employees for life, how about we first fix stagnating wages? Companies are still making excellent profits, some are at record profits even after inflation adjustment. Skyrocketing CEO pay is one of the causes. Please see graph in Figure 3: https://www.vox.com/policy-and-politics/2019/6/26/18744304/ceo-pay-ratio-disclosure-2018 https://www.vox.com/policy-and-politics/2019/6/26/18744304/c... I couldn't find any European curves, but things are slightly better over there.