Originally posted by Urban Ranger
Good is not a point, good is a range.
Or rather, why pay for good when adequate cuts your costs?
Good is not a point, good is a range.
Or rather, why pay for good when adequate cuts your costs?
Good staff, being more productive, make more money.
Originally posted by Urban Ranger
Because it is not a "free" (or openly competitive) market. There are only so many bus companies in a city, and moving to another city is generally not an option.
Because it is not a "free" (or openly competitive) market. There are only so many bus companies in a city, and moving to another city is generally not an option.
Originally posted by Urban Ranger
Again, supply and demand does not work in most of the situations. Even when it does, the existence of a pool of unemployed workers means supply is always greater than demand.
Again, supply and demand does not work in most of the situations. Even when it does, the existence of a pool of unemployed workers means supply is always greater than demand.
Supply and demand does work, but when there isn't enough companies, or enough workers, in a particular market, you need something to right that balance. Personally, since unions in practice seem to not right the balance well, but try to stop change or moving forward (which doesn't help unemployed, companies or productivity), I prefer legislation to do that job.
Originally posted by Urban Ranger
Not necessarily. Increasing wage does not automatically translate into lower productivity.
Not necessarily. Increasing wage does not automatically translate into lower productivity.
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