Si modo
Diamond Member
Supply.
Demand.
Simple.
Demand.
Simple.
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You're right they shouldn't. And, if they don't get it, they know they have to correct the wages to get it.Employers shouldn't expect top level work and production when they offer low wages, I'm pretty sure no top level, experienced brain surgeon is going to work for 25,000 dollars a year.
You're right they shouldn't. And, if they don't get it, they know they have to correct the wages to get it.Employers shouldn't expect top level work and production when they offer low wages, I'm pretty sure no top level, experienced brain surgeon is going to work for 25,000 dollars a year.
But, they don't. Because the supply is so high, they don't need to.
Supply.
Demand.
Simple.
Hey Bass, this whole thread's a lie. It's a couple goofy anecdotes used to blame everything on the evil subhuman rich....Follow the OP, the employer is complaining of not being able to fill positions when their is high unemployment.
--or an employee that accepted lower pay than he could demand?...Show me a business that pays its employees more than it has to.
Steve Jobs had Apple pay him an annual salary of one dollar. Everyone was happy with that and both Jobs and Apple did well. Hoover served four years for free saying it was a privilege. I paid my kids allowances that were way over market for the work they did, and that's often how family businesses are run.
The idea of supply and demand explains a lot about what people do even though it doesn't explain everything always. There are people who talk big about how employees should always pay a so-called 'living wage', and these same morons will turn right around and spend their own money on goods and services when and wherever it suits 'em.