Re:Is the four-day workweek finally within our grasp?
by mlyle on Wednesday December 01, 2021 @02:27PM
(#29408055)
I don't entirely disagree with you, but:
> and it has nothing to do with labor demand.
If not having an employee costs you $30/hour in revenue-- your desire to avoid a bidding war won't prevent you from making an offer at $22/hr if it's necessary to fill the slot.
It has everything to do with labor demand (and supply). Collusion (formal or informal) between loosely coupled, adversarial entities breaks down under pressure.
> and it has nothing to do with labor demand.
If not having an employee costs you $30/hour in revenue-- your desire to avoid a bidding war won't prevent you from making an offer at $22/hr if it's necessary to fill the slot.
It has everything to do with labor demand (and supply). Collusion (formal or informal) between loosely coupled, adversarial entities breaks down under pressure.