Are companies paying a good wage?

Jayson

Jayson

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In the US. some argue businesses could not run (with the same prices) with higher wages for grocery stores, restaurants, hotel housekeeping etc.. Nonetheless, others claim these corporations are simply holding back money to keep extravagant profits coming in. Who is correct? Anyway, with the current worker shortage, some companies have paid more to keep functioning normally.

Who is right? How about in your nation? How is the worker shortage affecting things?
 
Well, I think some small businesses could be crushed by having to pay higher wages, but the big corporations are "pulling a fast one" on workers, and have for years.
 
I do believe pay is a bit behind where it should be here in the United States. The current inflation is a terrible reference as it is not natural inflation of goods, but one caused by a global pandemic and supply shortages that should not be the base of current pay as prices should drop after the shortages.

Sadly the wage discussion is very complex as where one small business can pay someone $8 an hour to help out for a few hours as they grow, a different cooperation turns that into "we only need to pay these people $8 an hour". Just like the restaurant debate where one popular restaurant has servers making 100s in tips a day, the next run-down place is simply refusing to pay their employees.
 
Wages are quite low. I think that is why many companies can't hire people. It seems like every place around here is short-handed right now.
 
I think that people need to consider the cost of living for the various areas. Of course big cities will have a higher pay but that's because the cost of living is outrageous. If you live in a place where it's cheap to live then don't expect to make much unless you can commute elsewhere for higher pay.
 
Demon_skeith said:
Most restaurant employees in the states get screwed over pretty bad, many retailers are even worse. There is a work shortage that seems to be hitting fast food the hardest. With most benefits cut, not sure why people are still holding out.
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I just don't think a lot of people like the idea that they were getting paid very little at retail jobs while a few of the big wigs were "maximizing profits" and swimming in that money. What some might call profit, to other's it means getting shafted and getting paid less for doing more then they should have. At some point it becomes sweat shop labor when the rewards are too inadequate. If these companies want profit then they need to realize that people are not as stupid as they think they are. Another thing they need to realize is that their employee base or work force is the source of their income. No workers, no money.
 
Here, we have minimum wage requirement. Actually, since we have labor shortage problem in a lot of sectors, companies need to pay a competitive wage and benefit to attract talents to work in their companies.
 
I worked as a high school teacher and my salary was an equivalent of $20. After 2 years, they increased it to $25. I had to leave the job and start my fashion business. And I am grateful that I did so.
 
This really depends on the type of the business the company deals with. The companies that tend to deal with the most valuable items pays so much
 
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