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> and for the compensation a company would like to provide. "would like to" is usually "can justify, financially". Most companies don't have a bunch of extra m
by parineum 1y ago
> and for the compensation a company would like to provide.
"would like to" is usually "can justify, financially". Most companies don't have a bunch of extra money laying around.
> When stated that way you can see that there are several levers to pull, the most obvious being compensation.
I know the way you mean that (companies pay more) and that's an option that does happen but it also goes the other way, employees can accept less (unless minimum wage makes it illegal for people to accept work).
- alistairSH 1y agoSure, but a company doesn't have some mystical right to exist with a below market clearing comp package. Assuming no other factors, the correct solution here is for the company to fold and be replaced by a company that is more efficient. Instead, we have companies complaining about a shortage (that they've created via low pay) and demanding action (more immigrants, or whatever else).