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> “You put an ad out and nobody even interviews,” Wilderotter said, echoing Barrios. That's because you're not offering enough money. Raise it by 20%, 50%, 200

by aazaa 5y ago

> “You put an ad out and nobody even interviews,” Wilderotter said, echoing Barrios. That's because you're not offering enough money. Raise it by 20%, 50%, 200%. Keep raising it until you get qualified applicants. You will eventually find a price that attracts the people your business needs. And if that price is too high to turn a profit and there's no other way, shut down. Article after article with business owners acting like they're entitled to pay workers sub-market and/or sub-living wages. Time to wake up and face the fact that large sectors of the service economy are no longer viable due to decades of misreported inflation, trickle-down economics, and disastrous, unchecked monetary policy blunders.

ActorNightly 5y ago
The issue is that a lot of places are ran on thin profit margins. You would have to raise the price of goods, which then means you have to raise the quality of goods as well to outcompete highly optimized chain restaurants.
- seanp2k2 5y ago
  So the alternative seems to be…don’t do that, and be short-staffed while paying those who do continue to show up poverty-level wages for an ever-increasing workload. The quality of service and the reputation of the business suffers that way, causing them to fail or at least give up more business to other places that are raising prices accordingly.
- zepto 5y ago
  > outcompete highly optimized chain restaurants. This makes no sense in context. Highly optimized chain restaurants are not known for paying waitstaff high wages.
- xref 5y ago
  > You would have to raise the price of goods, which then means you have to raise the quality of goods You use the same ingredients as the day before: “This is the price of a steak in Lake Tahoe now.”
- rekabis 5y ago
  Thin profit margins? Oh, boo hoo! So frickin what? The free market runs in both directions. When labour is available, businesses use it to cram down wages - “if you don’t like it, find another job”. But why is it, now that there is a wage shortage, we cannot use those same words back at businesses? “If you don’t like the lack of workers, increase the wage you are offering”? Because that is exactly the problem. The free market is looking at the offered wages, and are showing businesses that those wages are not high enough in the simplest and most unambiguous way possible - with zero applicants. And yet, businesses are squalling like spoiled, entitled babies that have just hit themselves with a hammer, and are blaming anyone but themselves.

by aazaa 5y ago

ActorNightly 5y ago

The issue is that a lot of places are ran on thin profit margins. You would have to raise the price of goods, which then means you have to raise the quality of goods as well to outcompete highly optimized chain restaurants.

seanp2k2 5y ago
So the alternative seems to be…don’t do that, and be short-staffed while paying those who do continue to show up poverty-level wages for an ever-increasing workload. The quality of service and the reputation of the business suffers that way, causing them to fail or at least give up more business to other places that are raising prices accordingly.
zepto 5y ago
> outcompete highly optimized chain restaurants. This makes no sense in context. Highly optimized chain restaurants are not known for paying waitstaff high wages.
xref 5y ago
> You would have to raise the price of goods, which then means you have to raise the quality of goods You use the same ingredients as the day before: “This is the price of a steak in Lake Tahoe now.”
rekabis 5y ago
Thin profit margins? Oh, boo hoo! So frickin what? The free market runs in both directions. When labour is available, businesses use it to cram down wages - “if you don’t like it, find another job”. But why is it, now that there is a wage shortage, we cannot use those same words back at businesses? “If you don’t like the lack of workers, increase the wage you are offering”? Because that is exactly the problem. The free market is looking at the offered wages, and are showing businesses that those wages are not high enough in the simplest and most unambiguous way possible - with zero applicants. And yet, businesses are squalling like spoiled, entitled babies that have just hit themselves with a hammer, and are blaming anyone but themselves.