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This is so true. In fact we've seen this happen already. Once big-tech started paying market salaries, their applicant:position ratio has exploded to 100:1. In
by TuringNYC 6y ago
This is so true. In fact we've seen this happen already. Once big-tech started paying market salaries, their applicant:position ratio has exploded to 100:1. In a prior era, those same workers might have gone to Wall St or Strategy Consulting.
The Market works. Pay fair wages and your personnel problems go away.
- ghaff 6y agoAnd you just cut services that customers want but aren't willing to pay for. Which will likely happen with a lot of the gig economy as-a-service things currently being subsidized. Or stay more pedestrian. Grocery baggers in the US basically went away for a while. I assuume they came back based in part on what grocery stores had to pay for them to work.
- jojobas 6y agoIf you're not willing to pay the service provider a living wage you don't really want the service.
- ghaff 6y agoAre you suggesting that the many people using Uber or arguably eat at McDonalds don’t want that service at some level?
- TuringNYC 6y agoI'm not the commenter, but I'd argue that people who want a service but don't want to pay the cost are irrational and perhaps we should not worry about pleasing them? Suppose I want a new BMW and I want to pay no more than $300 for it. This doesn't mean that we should force BMW workers to work for free -- it means that my expectations are not rational. Similiar, if I want a 10km Uber ride for $1, which costs less than even gas, the desire is irrational. Why should workers have to work for free to satisfy this consumer's irrational desire? Same thing for grocery baggers "disappearing" -- of course they disappeared, there was a pandemic. They werent being paid for the risks of bagging groceries.
- ghaff 6y ago>Same thing for grocery baggers "disappearing" I'm talking about in the 80s or so when a lot of things started switching to more self-service. My local supermarkets have baggers today and you're literally not allowed to bag yourself. I don't see there being anything irrational about not wanting to pay the price for certain services. And I don't expect either individuals or companies to sell me things on terms that aren't attractive to them. But that doesn't mean I don't want those things even if I accept that I can't have them on terms acceptable to both myself and the person providing them.