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The Great Resignation? More Like the Great Renegotiation

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Re: The Great Resignation? More Like the Great Renegotiation

#131

Earlier quoted context omitted.

From the posts I have read in /r/antiwork I would not like to employ any of the posters, I would not want to be a coworker to any of them either. I'm not convinced that the world needs to have everyone working, but if it comes down to a shortage of food, healthcare or consumable goods, the workers should be fed before the slackers.

>but if it comes down to a shortage of food, healthcare or consumable goods, the workers should be fed before the slackers. Some of the people in /r/antiwork see these shortages as artificial or caused by a society that funnels labor toward profit instead of toward need, but to your other point, there are a lot of people on that reddit who are incredibly naive or just have a chip on their shoulder.

> shortages as artificial

from a objective POV many but not all are mostly artificial, but not because of someone planing it or anything like that, but because of emergent behavior of our economical system and the complexity of supply chains.

Sadly all of this is very hard to change.

Especially with our world currently heading into a not so grate direction in nearly every sector and most countries...

Re: The Great Resignation? More Like the Great Renegotiation

#132

> The Great Renegotiation is also a byproduct of inflation. Workers are seeking better pay to keep up with the rising cost of living. Keeping in mind small business is collectively the largest employer and contributor to US output... let's remember the coming rate hikes will greatly reduce available cash to small businesses that operate with credit lines, credit card debt or via home equity lines. That is a LOT of US…

Aren't small businesses best positioned to adapt to these changes? It's not like they're sitting on piles of cash or other investments that are losing value. If costs go up they'll have to raise prices, just as the prices for what they're buying went up due to rising costs further upstream. I figured the pandemic cleared out most of the small businesses that would have failed within five years anyway (half do). I wou…

> I figured the pandemic cleared out most of the small businesses that would have failed within five years anyway

PPP and SBA loans kept these companies alive. The bill hasn't come due yet. This is what people don't understand.

Re: The Great Resignation? More Like the Great Renegotiation

#133
post #75
post #56

Earlier quoted context omitted.

>unless some magical productivity innovation or goods/services advance emerges But there has been the development and deployment of a major productivity innovation over the last two years. It's called Zoom. Or WebEx/Teams/Meet/etc. And while it doesn't work for everybody, the fact that tens of millions of people suddenly have experience working and running their business remotely means that if it does work for someon…

I think about stagnating innovation, and think that Zoom/Webex focus tends to keep things in the status quo. I’ve just got a feeling that there will be some hidden cost to innovation at large companies (less chance encounters) and a hit to culture (building a good remote culture is really hard) over time. These are not easily quantified, and I’m not sure the costs outweigh the benefits of a remote work force (health…

I think this is kinda wishful thinking, tbh.

The labor market was pretty tight before the pandemic and has just become even tighter. Americans are less supportive of permissive immigration policies, birth rates are falling precipitously which means there is no end in sight. So companies which figure out how to do remote right (rather than accept is as a temporary adjustments) will have the edge as they can access a broader labor market (entire NA plus EU, maybe others if they can figure out time zones and outsourcing).

Re: The Great Resignation? More Like the Great Renegotiation

#134

"Yet, despite all the quitting and renegotiating, the real wage for the average American worker — meaning the true value of their paycheck after taking into account inflation — fell by 2.4% in 2021." All while the world's elites have doubled or tripled their fortunes. Great Robbery would be a more apt name than Great Resignation.

I would be interested to see the difference between those who did switch and those who didn't. It could easily be 20% raises for those moving and 1% for those who are not.

No post body was provided.

Re: The Great Resignation? More Like the Great Renegotiation

#136

"Yet, despite all the quitting and renegotiating, the real wage for the average American worker — meaning the true value of their paycheck after taking into account inflation — fell by 2.4% in 2021." All while the world's elites have doubled or tripled their fortunes. Great Robbery would be a more apt name than Great Resignation.

There's a saying “never let a good crisis go to waste” and I suspect many elites are taking that saying to heart.

On the surface they are complaining but I suspect many are using this as an opportunity to make changes that they've wanted to make for a long time but couldn't for various reasons. Mainly because elites tend to play game of thrones in their respective organizations and it wasn't politically favorable to make certain changes before covid.

Re: The Great Resignation? More Like the Great Renegotiation

#137
It feels fundamentally wrong that my employer cares at all about where I live when determining my 100% remote salary.

Can anyone offer me rational arguments for why they shouldn’t just pay people based on what they offer the job rather than where they choose to live?

Because it makes me salty to be paid half of what a colleague does because I’m in rural Canada and not San Francisco.

Re: The Great Resignation? More Like the Great Renegotiation

#138

Earlier quoted context omitted.

I would be interested to see the difference between those who did switch and those who didn't. It could easily be 20% raises for those moving and 1% for those who are not.

I received a 1% raise at my current job. My coworkers who worked evenings and weekends received a "100% positive adjustment of their raise" (2%).

A 1% raise seems insulting imo.

Re: The Great Resignation? More Like the Great Renegotiation

#140
post #62

Earlier quoted context omitted.

Quoted post unavailable.

What's the antidote? There can be new names for anything, but it's hard to get them to stick.

While I agree with you about the race issue, I do not think the idea of leftist ideology applies here as both sides are opportunistic such as your analogy.
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