Quote:
Originally Posted by iggy_oi
Economics? Do you think companies are simply hand over raises based on their profits? The sad fact of the matter is most companies lowball employees in order to increase profit margins. Why should an employee not make a fair living if their company is doing well? The company will always ask for concessions when times are tough, yet you rarely hear of a company coming out and saying "hey we had record profits last year, you're all getting a raise!"
Unfortunately the typical response to a great quarter is a meeting between the bosses at how to increase those profits, which usually comes down to cutting costs and making their employees do more work without any extra compensation.
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Well, that's from the old days. these days only public sector unions strike. There are no profits, its just taxpayer versus tax spender.
When unions kept to the basics of getting a bigger piece of the pie(this would include work conditions), it all made sense. Now its just a battle for a pie in the sky, the money is simply not there. Any increase in costs will eventually result in automation or offshoring of jobs to places where they have no unions