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Well, right now companies have to compete with government benefits in many states. Benefits that exceed the free market wage by a significant margin in most cas
by adam_arthur 5y ago
Well, right now companies have to compete with government benefits in many states. Benefits that exceed the free market wage by a significant margin in most cases.
Why would companies raise wages now when they can wait a few months to see if the situation changes?
People seem upset by this, but if you have a free market economy, you should anticipate that actors will work in their own best interest.
Changing regulations around compensation will be much more effective versus hoping that a company will act on a specific moral principle.
- throwaway743 5y agohttps://www.cnbc.com/2021/08/04/early-end-to-federal-unemployment-pay-in-26-states-not-getting-people-to-work.html https://www.cnbc.com/2021/08/04/early-end-to-federal-unemplo...