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A comment on The story of Henry Ford's $5 a day wages: not what you think (2012).

Re:The story of Henry Ford's $5 a day wages: not what you th... by csours on Sunday March 15, 2020 @01:17PM (#22584779)
Why does my company give a raise every year: If they don't, I'll leave.

Why does my company employ me in the first place: If they didn't, they would make less money.

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Re:The story of Henry Ford's $5 a day wages: not what you th... by lotsofpulp on Sunday March 15, 2020 @02:31PM (#22585512)
> Why does my company give a raise every year: If they don't, I'll leave.

AND someone decided it probably costs less than hiring a replacement for you.

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Re:The story of Henry Ford's $5 a day wages: not what you th... by unlinked_dll on Sunday March 15, 2020 @03:11PM (#22585826)
I don't think people responsible for making those decisions are always adept at calculating what those costs are, and they aren't always empowered to make the fiscally sound choice.
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Re:The story of Henry Ford's $5 a day wages: not what you th... by maest on Sunday March 15, 2020 @02:24PM (#22585449)
That's almost correct. You have to qualify those values as "risk adjusted".
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Re:The story of Henry Ford's $5 a day wages: not what you th... by csours on Sunday March 15, 2020 @02:35PM (#22585530)
That's why they don't give me a big raise.
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