> If garbage is flooding the market, it forces employers to pay higher wages for a chance to actually get something good.
I don't think garbage in any market drives up the prices for anything.
Those looking for something good just waste more time looking, and some of them give up and settle for garbage.
Exclusivity drives up prices. If you're the sole supplier of something badly needed, you can charge a lot for it. If a second supplier shows up, but with garbage, you're likely not going to be able to charge even more.
it's probably to avoid spinning the wheels down in the budget garbage being referenced here and wasting a bunch of time. Pay the upfront cost and leapfrog over the delay.
That only works if the upfront cost actually does anything to make the fraud more difficult. Just paying higher salaries does fuck all, the fraudsters will adapt to the higher prices and reap more profits.
Yup that's what I'm thinking. Higher wages would encourage more elaborate fraud (faking identity, paying a strong interviewer to sit in for you, paying people to pretend to be your references, paying someone in the company to refer you) because the payday makes it all even more worth it.
I was thinking along the line of putting it towards higher quality sourcers on the recruiting half. There's some some specialty boutique stuff out there in many spaces.
As I see it, the hurt is going to come from more hoops expected, as any burdens are always passed down to the individual. In in an ideal world, companies would actually read/think/analyze all the data/metadata they already have; however, we don't live in this world. And the individual's going to have to spell everything out in gross detail.
I don't think garbage in any market drives up the prices for anything.
Those looking for something good just waste more time looking, and some of them give up and settle for garbage.
Exclusivity drives up prices. If you're the sole supplier of something badly needed, you can charge a lot for it. If a second supplier shows up, but with garbage, you're likely not going to be able to charge even more.