this post was submitted on 05 Jun 2024
783 points (96.1% liked)
Work Reform
9997 readers
182 users here now
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well I'm relaying what is basically common knowledge in the industry shared by people in the industry. The thing about promotion/hiring budgets is something I know directly or through people at their companies.
Sure, it may not be industry wide, of course, but I've not seen any hint of a countervailing trend or pattern. What's more, in the tech industry, it makes sense. There's a fair amount of pivoting which is often deemed to be done best by hiring (at least some) new staff with the required expertise/experience. And maintaining existing/legacy systems is often de-prioritised such that those who've been at the company for a while who understand the existing systems well are not as valued as those who may help the company "grow". Which is why I bring up the possibility that these patterns may spread to other industries.
The countervailing trend in the tech industry is layoffs.
I'm not sure what you're saying. The size of the labour force and the way salary "growth" relates to employer movement rate seem to me relatively independent dynamics. Moreover, I'd imagine increased layoffs positively correlate with the advantage that regularly moving employers can provide.
Am I missing something?
Some of the companies that pay the most are the same ones doing the layoffs, like Google.
Trading up for money could add extra risk exposure to layoffs.
But if every job change is seen as a pay raise opportunity, I guess layoffs are speeding the process along for you.
AFAICT, lay-offs are pretty widespread. Sometimes the bigger employers just give the smaller ones “permission” first.
I haven’t heard of any smaller companies in my network doing layoffs, but I’m sure there are some out there.
Yea interesting. I have no numbers and I'm not really "plugged in" at all ... but I've certainly heard of smaller places doing layoffs after Google etc. No idea how widespread that is though.