Monday, November 12, 2012

Teh Market

CEOs want to pay nothing for highly skilled workers. Apparently those workers have gone Galt instead of taking those awesome jobs.

Obviously some of this is CEOs simply wanting cheap labor. But some of it is a sense that those jobs somehow aren't "worth" that much. Those attitudes get baked in, and the recession isn't helping. It's going to take company owners awhile to accept that good workers require good pay when (if) the economic is back to full employment and there aren't as many desperate workers around.