It's getting pretty crazy around here... I'm talking about for entry level/low skill positions. We have small shops shuttering right and left.
Qfmft. All of the suddentheory of supply and demand goes out the window when the supply of labor is low, demand is high, and compensation needs to rise in order to attract talent. Who would have guessed?!?!?Offer higher wages. If you can't offer sufficient wages to attract labor then your business model doesn't work and your business should shut down. No one owes businesses cheap labor.
Offer higher wages. If you can't offer sufficient wages to attract labor then your business model doesn't work and your business should shut down. No one owes businesses cheap labor.
So?Another thing came to mind, we have some neighbors who have high school seniors. Last time we had a party, these kids were openly teasing one of their friends who just got a job in fast food. Literally making fun of them for working... When I was a kid, you were proud to have a job - any job, just to have some pocket money.
Welcome aboard, PC. How did you find our little tech space on the web?
I love the part where they hailed essential workers as heroes. But when it was time to give them sufficient compensation all they got was sad trombone noises.Offer higher wages. If you can't offer sufficient wages to attract labor then your business model doesn't work and your business should shut down. No one owes businesses cheap labor.
A work ethic problem? That sounds like a quite familiar refrain…”No one wants to work!”…despite unemployment at historic lows.I have increased pay by an average of 30% since covid hit. I pass that 30% directly to the client. The client passes that on as well. Which results in.... inflation. Which means I am not paying staff enough again.
From my perspective, it's really not a wage issue, it's more of a work ethic issue. I'm in a professional/licensed field that requires a bachelors and most have a masters.
It feels like some kind of cultural shift for the lower skill/no skill jobs needed for small business. Our dog groomer has increased fees 40%. She's about to close her retail shop because she's losing customers and can't afford a space.
Not sure that covers the cost of living increases since COVID hit.I have increased pay by an average of 30% since covid hit.
I think the last couple of years have been a rude awakening to employers who spent much of the last 20 years in an extremely advantageous bargaining position with their workers. Now the shoe is on the other foot.I have increased pay by an average of 30% since covid hit. I pass that 30% directly to the client. The client passes that on as well. Which results in.... inflation. Which means I am not paying staff enough again.
From my perspective, it's really not a wage issue, it's more of a work ethic issue. I'm in a professional/licensed field that requires a bachelors and most have a masters.
It feels like some kind of cultural shift for the lower skill/no skill jobs needed for small business. Our dog groomer has increased fees 40%. She's about to close her retail shop because she's losing customers and can't afford a space.
A work ethic problem? That sounds like a quite familiar refrain…”No one wants to work!”…despite unemployment at historic lows.
Maybe increase immigration? That was always a source of unskilled/lie skill labor. Well, until con’s began crying about them (and usually employing them and hiding that fact)
I already paid a solid 25% more than my competitors before the ~30% covid increase. Bonus is average 40% of yearly pay. We produce insanely detailed work, to where it's worth our additional fee to clients. But, I expect a lot from staff, and in return pay them very well compared to the market.Not sure that covers the cost of living increases since COVID hit.
I let my son do landscaping work for neighbors through high school and college, that's it. He didn't get a W-2 until he started working as a software engineer last year. Enrolled him in Florida college prepaid when he was born. It paid back big dividends. No debt = no reason to work a Mcjob.Another thing came to mind, we have some neighbors who have high school seniors. Last time we had a party, these kids were openly teasing one of their friends who just got a job in fast food. Literally making fun of them for working... When I was a kid, you were proud to have a job - any job, just to have some pocket money.
I let my son do landscaping work for neighbors through high school and college, that's it. He didn't get a W-2 until he started working as a software engineer last year. Enrolled him in Florida college prepaid when he was born. It paid back big dividends. No debt = no reason to work a Mcjob.
Most of those low skill jobs are being done by adults BTW. You obviously live in an nice neighborhood where parents planned for their children's futures ahead of time. That's why a peer working earned some good natured ribbing. My friends would ride my ass because they were headed surfing and I was stuck washing dishes and working the grill at the Ranch House, HOJOs, or another restaurant through HS. They say stuff like "Get to work slave!" Didn't bother me because they were just bagging on me. I mean what are friends for?
Disagree it makes them a loser. Housing market is insane. Living at home at 30 isn't uncommon now. I wouldn't call all of those young folks losers either.My home is in a nice neighborhood now, but I grew up dirt poor. "Real" poor, like not enough food etc. And yeah, that does make sense, I still think it's crazy how few of them work, and brag about not having to work. When I was young, a 30 year old living in his parents basement was a total fucking loser. But now, it's "smart"? (in reality still a loser)
Yeah I just personally disagree. Notwithstanding some bizarre outlier circumstance, a 30 year old adult should NOT be living in mommy's basement.Disagree it makes them a loser. Housing market is insane. Living at home at 30 isn't uncommon now. I wouldn't call all of those young folks losers either.
You are also pulling a classic survivorship bias with the self made man rhetoric. There are eleventy billion reasons why not everyone can do what you did. That old "If I can do it anyone can." is complete and utter horseshit.
I agree, if we are talking about multi national mega corps. But by far the #1 employer in the US are small businesses. And contrary to what you read about online, small business owners aren't sitting on yachts smoking cigars while paying slave wages. They deal with MASSIVE risk, stress, some years you make money other years are tight. There's a reason small business owner's statistic have much higher rates of heart disease and other stress related ailments.Pay needs to come down at the higher levels, and up at the lower levels.
Yeah I just personally disagree. Notwithstanding some bizarre outlier circumstance, a 30 year old adult should NOT be living in mommy's basement.
I think you underestimate the current difficulty for 30 year olds in obtaining their own home (aka mortgage) relative to their parents, and especially their grandparents before them. Sometimes moving back with or remaining at their parent's house is the best option. I wouldn't dig on people for that.
Some of them actually pay rent to their parents for living there, and it's a much better deal than the insane home prices or rental market as it's become.
This is exactly the issue. Low unemployment means it's not a work ethic issue, but that workers are getting better offers elsewhere.I think the last couple of years have been a rude awakening to employers who spent much of the last 20 years in an extremely advantageous bargaining position with their workers. Now the shoe is on the other foot.