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>Talking about inflation to motivate pay rise is a logically unsound argument. I get the rest of what you're saying, but I don't see how it's logically unsound
by tyingq 5y ago
>Talking about inflation to motivate pay rise is a logically unsound argument.
I get the rest of what you're saying, but I don't see how it's logically unsound.
To me, it logically unsound if a company raises prices to match inflation, and all of it's costs other than employee salaries raise at roughly the inflation rate. Why are salaries solely exempt as a cost subject to inflation?
- chrisseaton 5y agoWhy does your employer pay you at all? To get you to work for them. So how much do they pay you to work for them? As little as it takes to convince you to work for them and not someone else. So how much does it take you to convince you to work for them? Just a little more than anyone else will pay you. So your pay depends on how much anyone else will pay you. Where does inflation enter that logic? You can say 'my costs have gone up by inflation I want to be paid that much more' but can you see how your costs don't figure into what they pay you? If you said 'this company will pay me more' than that works. But just 'inflation' doesn't.
- tyingq 5y agoYou could say that for any good or service, yet inflation is a thing.