I'd expect a certain amount of posturing from both employees and employers regarding this. I.e., it's a point of contention, and there's an incentive to bluff.

I'd expect a certain amount of posturing from both employees and employers regarding this. I.e., it's a point of contention, and there's an incentive to bluff. Each side wants to make the other side fear the consequences of demanding more than the labor market will bear.