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Supply and demand. COL is a downstream price signal as far as a rational employer is concerned. While they might try to influence it to alter the supply of pote
by kriops 4y ago
Supply and demand. COL is a downstream price signal as far as a rational employer is concerned. While they might try to influence it to alter the supply of potential workers in their favor, it is by no means their responsibility to do so.
And saying companies choose where the highest concentration of available talent resides is dishonest.
- cogman10 4y ago> Supply and demand. Yup, there's a low supply of employees and a high demand for them. So guess what the absolute dumbest thing is an employer can do when employees start clamoring for COL adjustments?
- kriops 4y agoThere are so many other factors in play than whether "employees start clamoring for COL adjustments" or not, so the correct course of action when that happens might very well be to reduce wages or do nothing.
- connicpu 4y agoThey don't have a responsibility to do so, but they shouldn't be surprised when employees are angry at them if they don't do one or the other
- humanrebar 4y ago> While they might try to influence it to alter the supply of potential workers in their favor, it is by no means their responsibility to do so. I don't see why employers can have efforts to address climate change and social justice problems, but cost of living for their local communities is too much.
- refurb 4y agoBecause their efforts for climate change and social justice are just cheap words?