4 ms·
Correlation != causation? To suggest WFH is leading to wage cuts seems misleading, when it's a side effect of an pandemic and people forced to work from home.
by AznHisoka 6y ago
Correlation != causation?
To suggest WFH is leading to wage cuts seems misleading, when it's a side effect of an pandemic and people forced to work from home.
- dllthomas 6y agoThe WFH and the need to reduce costs both stem from the pandemic. The question is why cutting of wages, as a particular mechanism to reduce costs, seems to be more common this time than in previous economic downturns. The theory presented is that WFH reduced the downsides of cutting wages (by reducing the room for griping about it amongst co-workers), and that companies are following those incentives. I am not convinced, but your dismissal doesn't seem to address the actual article.