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> if you (tech workers) think you'll be able to convert your high-hourly-equivalent-wage into a higher-hourly-equivalent-wage-with-overtime-pay, no, not going t
by crooked-v 4y ago
> if you (tech workers) think you'll be able to convert your high-hourly-equivalent-wage into a higher-hourly-equivalent-wage-with-overtime-pay, no, not going to happen, at least not in the long term, unless of course your productivity were to climb by a commensurate amount.
This paper isn't about tech workers. It's about workers in general, and with an empahsis on workers in low-wage and high-hour industries like fast food and discount retail.
- fsckboy 4y ago> It's about workers in general, and with an empahsis on workers in low-wage and high-hour industries like fast food and discount retail the same economics applies, it's sort of the whole point of economics, it's generalizable, it's not a collection of special circumstances, nor is it escapable. hiring takes place because wages for the work are worth it, and hiring will decline if not. It's not a value judgement or a moral judgment, it's the same way you spend your own money, only if it's worth it. the audience here is tech workers so I used that to get the emotional resonance for the plight of the salaried worker.