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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

#191
post #46

Earlier quoted context omitted.

What's up with all the language games lately? "Defund the police". No no, we don't actually mean defund the police... "Anti work". No no, we don't actually mean we're anti work...

To be fair /r/antiwork USED to be actually be about not working and discussions on how that might be accomplished(ex UBI or government works programs). But as it got more popular it quickly turned into what it is today, which is mostly fake screenshots of people telling their bosses off.

My take on /r/antiwork is that people not working is the end goal, which is the hope for a true futuristic utopia right? Obviously we can't reach that yet, so people compromise by wanting better working conditions in the meantime.

Re: The Great Resignation? More Like the Great Renegotiation

#192

> 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…

The Fed cannot raise interest rates so high that the federal government becomes unable to afford the interest on the debt. I can't predict exactly what is going to happen, but serious shenanigans are a certainty.

Re: The Great Resignation? More Like the Great Renegotiation

#194

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.

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

Sure but you're paid multiples of someone in Mexico. Can you explain that?

Re: The Great Resignation? More Like the Great Renegotiation

#197

Earlier quoted context omitted.

The whole concept of value in terms of business transactions seems weird to me. It is ill defined and unactionable. Either you agree to buy or sell at a certain price, or not. “Value” plays no role in the determination of prices.

Well, what the business will pay for you declines the longer you stay.

Every choice in life is a gamble. Many or most businesses are betting that their labor vendors (employees) will accept less and less. Based on the statistics of the past 5 decades, this seems to have been a good bet.

Re: The Great Resignation? More Like the Great Renegotiation

#198

Earlier quoted context omitted.

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.

1.5% raise receiver here. Yes I'm insulted.

Re: The Great Resignation? More Like the Great Renegotiation

#199

"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.

"meaning the true value of their paycheck after taking into account inflation — fell by 2.4% in 2021." This has been going on for like 30-40 years. It's sad, but nothing new. I got about a 4.5% value cut this year.

> I got about a 4.5% value cut this year.

I have not done the math, but I would not be surprised to see this is true for me. Certainly feels like it.

I do not hate my current job, and I loathe interviewing, but I feel like I will need to jump soon just so I can push the reset button and get my compensation to keep up with inflation lately.

Re: The Great Resignation? More Like the Great Renegotiation

#200

"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.

>All while the world's elites have doubled or tripled their fortunes Who and how?

It's no small secret that the world's billionaires saw >50% increase in wealth during the pandemic.

https://www.reuters.com/business/pandemic-boosts-super-rich-...

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