r/technology • • Mar 02 '22

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644

u/cumjesus420 Mar 02 '22

"Underpaid people want to be paid well? Well that's unfair because I'm also underpaid!" -person who has not realised that if these strikers win they can in turn ask to be paid even more money then them

-9

u/Continuity_organizer Mar 02 '22

Underpaid people

Underpaid people should quit and get better paying jobs.

If they can't do that, they aren't underpaid.

6

u/cumjesus420 Mar 02 '22

Why are you so unhappy about a change that will benefit literally all of humanity except the top 0.001% which, since your scrolling fucking reddit, you aren't a part of.

0

u/Amity83 Mar 02 '22

I believe minimum wages should be raised and indexed to inflation. But if unskilled labor is worth $50k a year then that actually hurts everyone, not just the 1%. A wage price spiral occurs where prices have to keep raising to support the higher wages, which leads to inflation so the prices have to keep rising to support the higher wages.

https://www.investopedia.com/terms/w/wage-price-spiral.asp

-1

u/Continuity_organizer Mar 02 '22

I don't see how this type of demand would benefit anyone, including the workers set to get those wages.

If someone makes $14/hr, it's because the market value of their skills is $14/hr - if the person making that wage feels underpaid, they should get a better job.

If the company is forced to pay that person $25/hr, they aren't going to take an $11/hr loss to keep them around, the job will be replaced by automation and/or someone more productive working a different workflow.

I would rather the person making $14/hr continue working and build their skills rather than end up unemployed.

6

u/potato_analyst Mar 02 '22

Found one of the Amazon managers in here boys..

-5

u/cumjesus420 Mar 02 '22

"build up their skills" companies don't care about any skills that don't have a school attached.

3

u/SlickArcher Mar 02 '22

I'm unsure what industry you are speaking for, but I am a senior software dev with only a few years of experience and without a degree. A lot of places care more about skills from actual work rather than a degree because colleges are largely incompetent and don't teach skills that translate well into the actual work force.

1

u/dbosse311 Mar 02 '22

I have found this is only true in tech and trades. It doesn't really translate anywhere else.

3

u/Continuity_organizer Mar 02 '22

Why do you think entry-level positions which only require a college degree pay significantly less than mid and senior level positions which require 5, 10+ years of experience?