In an average week, how many job applications would you say you make?

These days? 0. Accounting is a dying industry. People have wised up that the high salary isn't worth the crazy hours. Especially now with the "great rescission" that is sweeping across the world. My salary is up around 30% since November of 2020, just so they can keep me, because they know they can't replace me and I assure you and I'm not even an all star worker.


Just yesterday my firm announced 4 hour Fridays in the summer and a $25 meal credit if you work any day after 5pm to buy dinner. They're legit pulling out all the stops to keep and attract people.

In an ideal world or in theory, yes, but thats not how things seem to work. What exactly is the added value of CEOs/CFOs/Directors/etc over the past 20-40 years that explains their increased wages vs that of the "laborer"?
And we are using labor loosely here, in most professions the labor comes in the form of knowledge, skill, analytical skill, etc which has immensely increased. No there is not a direct way to measure this, but it seems a bit foolish to apply basic economic theory to practical scenarios blindly and not even question if it makes sense.

Company produces X amount more in 2020 than 1990
Somehow the CEO accounts for almost all of this increase product based on... his or her skill.. but somehow the average worker.. accountant, doctor, lawyer, etc... hasnt increased their skills or value at all, and none of the added productivity comers from them?

Seems a bit off. Id propose that in reality, nepotism, favoritism, back room deals make up a good amount of this. Same idea of politics--in theory a socialistic society doesnt sound too bad. In reality it never works at all

Min wage is a weak, but effective argument for people wanting to implement fascism and socialism. Think about it, you're expecting teenagers, those worthless bags of skin, who THINK they know everything, but know very little, to get over paid for their worthlessness.

OTOH, you bring up what we should really be looking at; median income. Median income HAS increased. It increases every year.

First, take this graph for instance. What this tells us is that the min wage law ONLY helps young people. Teenagers. College students, Individuals still living with their parents. By their early 20s, most people are ALREADY making more than min wage. THis helps to show that there are few people that actually make min wage after the age of 20 and that this is all about kids making more money than they probably deserve, but are demanding it through voting.



Second, median income is what matters. This is what people make by middle age, after they have gained experience, knowledge and skills. Trade jobs are included in this. Yes, they make more every year too. (BTW, I hate household income data. It's BS because households don't stay the same through history. For instance, as median income has gone up, fewer adults live in the same house, making it look like median income per isn't going up that much. Some ethnicities live with more adults in the house than others too, which all count towards household income. I prefer individual income data)

https://www.multpl.com/us-median-income/table/by-year

It's not difficult to see the agenda is based on a false narrative when you break down the numbers like they should be. The entire democrat platform is based on deceptive ideology. It's all a scam to gain control of the industry, and voting age kids and the intelligentsia are too stupid to see or understand it, even though they claim to know everything and are "enlightened"

That’s only for unskilled workers. Learn a new skill set srs

Wages are:
-a joke

And

-up 30%

??

All within a year because of the great recession. I also work 2,600 hours a year so…

Op sounds like a liberal cuck trying to push for communism

feels good when prices are rising, people are panicking, and I can still afford everything I want while these peasants struggle lmao

Since the 70s the proportion of national income that goes to company profits has increased and the proportion that has gone to people's wages has decreased. It all started turning around in the 80s.

Though this isn't something special to the period since the 80s. It's a return to the normal state of human history when capital got nearly everything and workers barely scraped by. The anomalous period was 1945 to 1980 when for western countries like Aus, USA, UK workers started doing better than they ever had before, and people with normal jobs could afford houses and holidays etc all on a single income.

I'm not following all of this.

- US doesn't count social benefits as income, but this wasn't a measurement of income, but of wealth.

- How does "everything costing more" and reportedly higher taxes increase the median wealth vs. decrease the median wealth?I'm on board with a base wage that will at least support one person in modest circumstances- think living with a roommate, older vehicle. The present minimum wage won't get you there anyplace.

Not so sure about a different wage for every county. Maybe a statewide wage that would be good enough for rural areas, and then individual minimum wages for metro areas; because living in Lubbock doesn't cost the same as living in Austin.

And there is that.

First time I believe that this has been brought up ITT.

Most workers have experienced higher demands from their work while wages have remained flat.

If you aren't old enough to have experienced office life pre-Microsoft Office Suite then maybe check out an old movie like "9 To 5" - big open space with lots of desks/lots of clerical workers

That workforce had already begun to shrink when that film was made. During my work life admin assistants and general clerical positions were rapidly eliminated. Only the top executive merited an assistant, and even those positions were being reduced with some assistants supporting multiple executives.

Partially the workload was reduced via use of software, but also a lot of work was added to the existing workload of other employees to cut jobs.

The same sort of transformation took place in retail. I worked at a large department store [JCPenney's] in the early 90's. We had at least 6 people working the catalog desk, and a couple in each "boat" [glass case goods], 4 or more in shoes, and at least 2 each in 8 departments, plus some staff dedicated to stocking merchandise- 40 people or more on the floor available to help customers on a regular weekday.

I've been to the same store recently. The catalog desk is long gone and the individual departments with the possible exception of shoes and jewelry aren't kept staffed. I believe there is one fitting room for men and one for women. Customers have to take their purchases to a central checkout and wait in line as there are no longer staffed checkstands in each department.

Maybe part of the work was reduced due to software, but I think mostly the remaining employees were just given heavier workloads and the customers are expected to manage on their own outside of making payment.

Well, all the stops with the exception of increasing remuneration

Have you looked into financial statement auditing?That’s pretty easy when “everything you want” is confined to weekly escorts

Shareholders act collectively through their board of directors to maximise the profit share to capital (as the directors are legally obligated to do)

Therefore, in order to maximise the return to labour, the workers must similarly act collectively, through a labour union.

This was all well known in the 70s, 80s and 90s. No mistake, it was often open warfare, with teamsters blockading warehouses and dockworkers shutting down wharves, and then the strikebreakers. But they knew some short term pain was worth the collective gain.

The current generation doesn’t seem to get this.

I drop from the Tree of Knowledge and it rots.

It's all your fault.

Sad.