View Single Post
Old 10-29-2017, 04:15 PM   #677
jayswin
Celebrated Square Root Day
 
jayswin's Avatar
 
Join Date: Mar 2006
Exp:
Default

Quote:
Originally Posted by iggy_oi View Post
It is an unfortunate trend that more and more people are accepting of diminished standards for workplaces.

There are a few ways to reverse or slow down the trend but I think this scenario really speaks to the need for making postsecondary education more affordable or free. The amount of debt students are taking on as they enter the workforce is getting higher and higher, and the percentage of their income that is lost to paying off the interest and principle on these loans is getting even bigger because wages aren’t increasing at the same rates as the student loan totals are.

If work conditions are out of our control, then I think looking for other ways of improving the quality of life for workers will be very important to the majority of people in the long run. Putting people in a position to enter the workforce with little or no debt would definitely take the sting out of working for a more demanding company because if instead of a chunk of their paycheque going to debt, they would have more disposable income going to things that can actually make their life more enjoyable and themselves better able to handle the extra stress. There’s more economic benefits to it like increased consumerism and job creation. Obviously it would all come at a cost, but IMO the long and short term benefits outweigh the costs.
None of this is happening.

Working conditions will get worse in North America as we look to compete with a shrinking worldwide economy where people are being replaced by automation. Then you just hope that the country you live in is a world leader in guaranteed minimum income so things aren't too crazy.
jayswin is offline   Reply With Quote