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Unionization is more likely to occur when the variance of workers' wages (in the technology sector, this is total compensation) is low. In tech, the variance of
by borroka 3y ago
Unionization is more likely to occur when the variance of workers' wages (in the technology sector, this is total compensation) is low. In tech, the variance of workers' wages is high.
- toomuchtodo 3y agoOnly need a simple majority. By definition, the majority isn't high earning in a cohort. Agree we're just arguing over likelihood, won't know how serious people are until they're tired of being ground down by people like Jassy.
- robertlagrant 3y ago> By definition, the majority isn't high earning in a cohort I don't think that's true here. A cohort doesn't have to have a particular distribution, and even if it does in this case, that doesn't mean the cohort isn't high earning relative to the rest of the population.
- borroka 3y agoMost workers in the tech sector are young, and young people earning below-median salaries are salivating at the idea of moving, at some point in the near future, due to their skills, market conditions, luck or wishful thinking, into the above-median bracket. Add to that the fact that the job market for tech workers is extremely fluid, and I don't think unionization is going to happen anytime soon.
- tuna74 3y agoWorks pretty well in (US) professional sports and entertainment which has a really large wage variance.
- borroka 3y agoComparing one or two thousand workers in one industry (say NFL) with hundreds of thousands in another (tech) is rather daring