4 ms·

(Going with the assumption that it's purely due to salary) If you adjust the salary for new-hires, you'll have to also adjust every employees salary otherwise

(Going with the assumption that it's purely due to salary) If you adjust the salary for new-hires, you'll have to also adjust every employees salary otherwise it becomes unfair to existing employees. Lets give a raise to everyone in America to match inflation isn't really a tenable strategy. Most small businesses would simply go under if they had to do that for 50-100 people. I believe this is the unfortunate reality of many businesses in the US which are struggling already.

deleted 3y ago
[deleted]
polygamous_bat 3y ago
> Most small businesses would simply go under if they had to do that for 50-100 people. If you can't pay your employees market wage, why do you deserve to stay in business? Do restaurants ever expect to underpay their tomato suppliers using the same logic?
- biogene 3y ago
  You deserve to stay in business when you are a legal business entity that is following all the laws and regulations. Giving everyone a raise is not required by law. It is not a realistic strategy to get out of this inflationary environment - that's my view.
  - WJW 3y ago
    > You deserve to stay in business when you are a legal business entity that is following all the laws and regulations. You also need to be making a profit though, or at least break even after all costs are accounted for. Otherwise you will run out of money. In our current economic model, a company that is too inefficient to compete in the market does not deserve to stay in business.
    - biogene 3y ago
      There isn't a conspiracy against hiring people who are going to make you money. Anyone who adds value to a company and is going to generate more revenue than their labor cost is likely going to be hired over someone who does not.
  - matheusmoreira 3y ago
    > Giving everyone a raise is not required by law. Maybe it should be. Even if only to match inflation. Salary actually decreases over time if you don't receive raises. $100k/y today might be equal to $110k/y next year.
    - biogene 3y ago
      You can type that comment, but perhaps if you were in someone else's shoes you'd have a different opinion.
  - mrguyorama 3y ago
    Imagine the entitlement required to think that filling out a few forms and paying a fee (all that is required to own a business) should entitle you to take advantage of people for your own gain.
pjc50 3y ago
OK, so .. why is this the employee's problem? As soon as they can find better compensated work elsewhere, you're not going to succeed in underpaying people.

deleted 3y ago

[deleted]

polygamous_bat 3y ago

> Most small businesses would simply go under if they had to do that for 50-100 people. If you can't pay your employees market wage, why do you deserve to stay in business? Do restaurants ever expect to underpay their tomato suppliers using the same logic?

biogene 3y ago
You deserve to stay in business when you are a legal business entity that is following all the laws and regulations. Giving everyone a raise is not required by law. It is not a realistic strategy to get out of this inflationary environment - that's my view.
- WJW 3y ago
  > You deserve to stay in business when you are a legal business entity that is following all the laws and regulations. You also need to be making a profit though, or at least break even after all costs are accounted for. Otherwise you will run out of money. In our current economic model, a company that is too inefficient to compete in the market does not deserve to stay in business.
  - biogene 3y ago
    There isn't a conspiracy against hiring people who are going to make you money. Anyone who adds value to a company and is going to generate more revenue than their labor cost is likely going to be hired over someone who does not.
- matheusmoreira 3y ago
  > Giving everyone a raise is not required by law. Maybe it should be. Even if only to match inflation. Salary actually decreases over time if you don't receive raises. $100k/y today might be equal to $110k/y next year.
  - biogene 3y ago
    You can type that comment, but perhaps if you were in someone else's shoes you'd have a different opinion.
- mrguyorama 3y ago
  Imagine the entitlement required to think that filling out a few forms and paying a fee (all that is required to own a business) should entitle you to take advantage of people for your own gain.

pjc50 3y ago

OK, so .. why is this the employee's problem? As soon as they can find better compensated work elsewhere, you're not going to succeed in underpaying people.