Actually, it isn’t. Unless you have a perspective in your environment and in your industry that is particular to you.
Yes. I do loose money on training a person. They gain marketable skills at my expense and at the expense of pulling away people to train them that I am paying as well.
That may be but what is the revenue being generated? What’s the rent? What other costs are involved? What is the competition and what are they paying? There are many, many, many factors involved here and on piece of the puzzle, does not show the clear picture.
Even before the pandemic, when I was back in corporate quickserve, I ended up leaving (very good money and bennies, and a multi fast track) because my particular franchisee was $3 to $4 below ind. avg. and we were gwtting precisely who you’d expect at those numbers.
Economists are saying the same thing. It’s not the UE money. It’s a combination of covid and people realizing they hate the service industry. My company has 18 new hires in 4 months.
There is nothing, nationally, that supports the stump-stupid nition that $12 per hour is a good wage for any adult. It’s insane that anyone is arguing that it us.
Not true. I hire adults at that wage because they have retired from their profession. Now they want to get out of the house and do something productive. They work because they want to work, not because they have to work. One size shoe does not fit every foot.
It isn’t all about pay. How people are treated, what input they have and do they feel independent and it is their choice and pleasure to come to work everyday has a hell of a lot to do with it.