this post was submitted on 30 Oct 2023
593 points (98.4% liked)

Work Reform

10012 readers
332 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

If you’re listing a job and no one’s applying at the price point, you’re advertising below market wages. If you’re paying your senior employees less than your new hires, you’re paying them below market wages. What a company wants to pay is not market wages: the laws of supply and demand dictate what market wages are. The wage that will interest new qualified workers and the wage that will retain experienced workers are the wages that the market are actually dictating.