View Single Post
stomachmonkey stomachmonkey is offline
The Unsettler
 
stomachmonkey's Avatar
 
Join Date: Dec 2002
Location: Lantanna TX
Posts: 23,885
Send a message via AIM to stomachmonkey
Up until the mid 70’s employee wages rose at a rate commensurate with productivity.

That ended with trickle down and wages flat lined. ~10% increase over 50 years. C level pay has increased ~1,100% during the same period.

Employees as a metric of COGs / ROI have not contributed to increased costs.

If wages had continued to track with production the Fed minimum wage would be $22.00 today.

Interpret that however you want.

It’s not opinion, simple facts
__________________
"I want my two dollars"
"Goodbye and thanks for the fish"
"Proud Member and Supporter of the YWL"
"Brandon Won"
Old 07-31-2021, 07:38 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #19 (permalink)