News for hackers. Stuff that matters.

A comment on The wealth of the 25 richest families in the world soared 43% in the last year. Parent comment

Re:The wealth of the 25 richest families in the world soared... by FireBeyond on Friday December 08, 2023 @01:22PM (#38572304)
> but 43% pay raises in union contracts were mostly unheard of

mostly unheard of?

I'd challenge anyone to show a union winning even a >25% pay raise for their employees, and even those would be unicorns.

[ Parent | on HN ]
Re:The wealth of the 25 richest families in the world soared... by robertlagrant on Friday December 08, 2023 @01:40PM (#38572564)
Any highly competitive market for workers (e.g. silicon valley software developers) is going to be much better for wages than a union, and even they won't generally make 43% more YOY.
[ Parent | on HN ]