Farmergeorge said "Workers can’t be paid more unless they produce more for their dollar and time spent. We used to work to book times where we were expected to consistently exceed 100% efficiency with a goal of achieving significantly more.
As workers become more productive an employer can either sell more product,/services or employ less people. That’s enhanced efficiency and is a necessary goal for any employer to survive.
Revenue is not the same as profit margin. A lot of revenue generated is often swallowed up by business costs and reinvestment . However the potential of making a profit is the very incentive to invest in a business. Without that there wouldn’t be any businesses to employ anyone anyway.
Labour disruptions directly cause business and service closures and can often lead to significant job losses. In the long run employees receive little benefit from joining such actions and are often worse off. I’m sorry but I’ve recently seen unions demanding significant pay rises going into double digits for their members, that’s excessive and no employer can afford to do that across an entire workforce.
The cost of living has increased dramatically for everyone but it also has to be Bourne by everyone. You can’t constantly expect employers alone to be held to ransom and to make up such a difference. And they won’t , they will shut the doors for good. "
Employers pass on these costs to the consumer just as employers would pass on the rising cost of supplies necessary for the operation to their consumers. An employer that would choose to go out of business rather than accept the reality that is the costs of doing business should never have been in business in the first place.
Even though people WILL freak out at the notion of higher prices driven by higher wages, it often boils down to $1 or $2 on top of a big mac. Relatively small sums on items that one probably should be questioning the purchase of if $1 or $2 makes a difference either way.
While I completely understand that this context will change when it comes to say grocery shopping, remember that if these people are not getting their living fully off of wages, then it will be coming from somewhere else. More than likely, publicly financed sources like food banks or income supplements.
You are paying for it either way. And it does indeed seem like a no win situation. Nonetheless, such is life.
Instead of going after workers doing that they can to ekk out a living, here is a new line of questioning.
Why are oil prices so high and oil production still so low? What happens when the lifeblood of world commerce is shooting up in price faster then a rug pull coin?
What other entities are contributing to this by artificially gouging their consumer bases? Should it be possible for gigantic corporate entities that are heavily reliant on shipping and transportation (RETAIL!) to be making huge profit margins in this environment?
People don't like complexity. But the world is messy. Kind of off topic, but it certainly fits. At least the MLCC/MLC/whatever has a union backing them. Most people do not.
In a sense, its good that decades of labour stability have eroded most people's viewpoint as to the necessity of strong unions. But this is why we need them.
I do not work within a union myself. My current environment does not need it (I couldn't ask for better ownership or management). But every other environment before that was VERY different.
Edited by Simonwalcal, 2023-08-17 15:01:32