• SomeoneSomewhere@lemmy.nz
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    3 months ago

    Expecting wage increases proportional to profits is only reasonable if you also accept cuts proportional to losses.

    • iAvicenna@lemmy.world
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      3 months ago

      oh this definitely already happens either in the form of pay cuts or lay offs. And anything below inflation rate should be considered a cut really so you get cuts even when there may be profit. So getting a cut only when there is a loss can even be considered a win from this perspective lol.

    • ipkpjersi@lemmy.ml
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      3 months ago

      We have that, it’s called layoffs. Except companies lay you off anyway even when there’s record-breaking year-over-year profits multiple years in a row.