Remember what that Father of all things Capitalist, Adam Smith said.
"What are the common wages of labour, depends everywhere upon the
contract usually made between those two parties, whose interests are
by no means the same. The workmen desire to get as much, the masters to
give as little, as possible. The former are disposed to combine in order
to raise, the latter in order to lower, the wages of labour."
This is just a really good time to be boss.
gerbil
of CA
@
Jun 02, 2009 16:51:12 PM
Some employers
are doing this because they HAVE to, and some others, I think, are doing it merely because they CAN in a period of high unemployment and high anxiety.
Funny how the sins of AIG and Bear Stearns and Lehman, etal. have a way of visiting the lowly folks---I think it's a corollary of Reagan's trickle down theory.
Muser
of NM
@
Jun 02, 2009 15:51:43 PM
salaries
salaries
Ann Holbert
of NY
@
Jun 01, 2009 13:52:52 PM
Where's the personal income increase?
Looking around, I can only presume that the increase in personal income is happening in local and state employment which just received muli-year contract increases of 4-5% per year.
All this going on while those in the private secter are still losing jobs!
You're taking a break from your job-hunting and job-hopping ways and have decided to stay put in your current position. Liz Wolgemuth’s careers blog will show you how to make the very best of your job, each day.
gerbil of CA @ Jun 02, 2009 16:51:12 PM
Muser of NM @ Jun 02, 2009 15:51:43 PM
Ann Holbert of NY @ Jun 01, 2009 13:52:52 PM
njguardian of NJ @ Jun 01, 2009 13:47:31 PM
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