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by slt2021
1181 days ago
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> it's not distributed according to merit. How do you define if it is or not distributed to merit? Arent market forces the ultimate invisible hand of merit? I mean literally any worker can gove notice and change employers, it is at will employment on both sides. You enjoyed it during great resignation, where IT workers would jump ship every year and get 50% raise. You realize labor union will put a hard stop on job hopping? You will have to work for the same company for decades with 1.5% pay raise at best! Imagine working for sweatshop amazon for a decade lol |
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Work performance?
> Arent market forces the ultimate invisible hand of merit?
No. The price system is very efficient at certain kinds of allocation, but not in all or even most cases.
> I mean literally any worker can gove notice and change employers, it is at will employment on both sides.
Only if you have enough savings to survive without income and/or you can easily find a comparable job, which is not even true for many high-wage tech employees anymore.
> You enjoyed it during great resignation, where IT workers would jump ship every year and get 50% raise.
Yes, that was temporary.
> You realize labor union will put a hard stop on job hopping?
It won't, because it currently doesn't. This is not at all an established phenomenon.
> You will have to work for the same company for decades with 1.5% pay raise at best! Imagine working for sweatshop amazon for a decade lol
This simply isn't true. Even labor unions that struggle to negotiate with management are doing better than 1.5% over a decade. I'd be interested to see some data on this, but I'd bet that median union-negotiated wages are rising at about the same rate as median non-union-negotiated wages (read: slower than inflation). I say "median" and not "average" because there will be high earners who have seen huge pay increases recently that would skew the mean upwards.