The Labor Market Is Broken

[molsewid]

here in the UK.
the health service(nhs) has not given cost of living increases / pay rises to nurses properly over multiple years. to match inflation

some nurses end up going part time on their NHS contract and then working THE SAME ROLE but under an agency (called bank) where they get paid more for filling in gaps of shift patterns (like substitute teachers).

yep nurses paid as NHS employees, reduce their NHS hours and then work for a agency to do their normal role, for more pay because the NHS pays more to the agency than to its own staff direct

imagine it
2 nurses doing the same job. at £12 an hour(£25k/y)
then the next day. the same two nurses doing the same job but one is paid £15/h as a agency still doing the same role but netting £31k/y

if the NHS can afford to pay agencies more then £15 to ensure the agency nurse gets their £15. then the NHS should be paying the nurse under NHS contract more then £12 and actually ensuring nurses that want to be nurses dont just do the flexi-time 'come when they please' and 'leave when they please' contract that allow them to mess with schedules to then need agencies

actually paying nurses a fair wage and have enough nurses on the NHS contract to cover if one was sick is how things should work.

I agree to you, sadly here in my country doesn't know how to support the feeljng of their countrymen, it is very hard to have a primary work and also having a secondary work because having only 1 work is not enough to sustain the lives of your family, little by little inflation makes it harder to budget our salary so even you have multiple jobs it is hard for us to get paid right and accurately.

[franky1]

simple things can be done

expand the minimum wage laws to be tiered

businesses that want unskilled people can have minimum wage recruits
but if a job application requires a qualification then it has to pay at a tier rate that reflects the level of qualification.
EG
basic college diploma = rate X minimum
basic university degree = rate Y minimum
full university doctorate = rate z minimum

im not gonna suggest a national tier rate for things like
unskilled, skilled employee, superviser, manager, regional manager ceo

but atleast some basic rate that recognises qualifications.
like if a managerial job vacancy mentions it needs a business degree then min rate needs to apply that s more then what a superviser would get on a mcdonalds restaurant(not much above national min wage)

that way nurses who have a vocational diploma vs a nurse that fully trained at a degree level can be on fair pay for their training

i know the NHS does have a tiered rate and many businesses also do have their own tiered rates for job titles. but they need to be backed by a level recognised nationally based on qualifications needed to perform the job

by this. it takes absolutely NO training or qualifications to be a politician and so why the hell do politicians earn 2x-3x more than a nurse that has spent 2-3 years in education to be able to do her role at their own education cost(loan)

[Fara Chan]

If indeed labor markets are broken. What does the long term outlook resemble. What can average and ordinary people do to mitigate the dangers.

There are no long-term prospects in the labor market, we will continue to be forced to follow their system, even though sometimes we know it goes against the way we work. But because we are in their system, like it or not, we have to follow them.

The labor market is also unable to guarantee the jobs we are involved in, because when someone experiences problems and accidents at work, they will only give severance pay and so on we will be expelled from the company. Therefore building your own business is much better, even though it is small, we can develop it slowly.

[Sir Legend]

Many don't care about workers, even when there are demands for a salary increase which is only a few percent they are thrown out and never heard of, labor has indeed become an issue in many countries so that in some countries there are special labor parties that fight for a better life for workers.

[CageMabok]

Many don't care about workers, even when there are demands for a salary increase which is only a few percent they are thrown out and never heard of, labor has indeed become an issue in many countries so that in some countries there are special labor parties that fight for a better life for workers.

This special worker is an important person who is considered to have certain expertise in his field so that he is specifically assigned to work with a more tolerable salary. So if you are an ordinary worker at a company, don't complain when your salary is not increased.

Even though you are actually more entitled to receive a raise, in general you are also more entitled to be grateful because you can still work in a place with a monthly salary. Because there are many people out there who are still desperately looking for work and want to get a monthly salary so that their lives can be very helpful, but there are still very many of them who, until now, do not have a specific job.

[gantez]

Many don't care about workers, even when there are demands for a salary increase which is only a few percent they are thrown out and never heard of, labor has indeed become an issue in many countries so that in some countries there are special labor parties that fight for a better life for workers.

Despite that labour unions fight for better salary and working condition to the members they are making no success with the government. The government make policy to what they want to be done in labour aspect of the economy and they like it to stay that way and no matter the fight from the union no success to it. The economy is hard to fixed income workers and that is the need having a second option of work.

[franky1]

here in the UK

in 2021 UK treasury gave real estate developers
£11.5b to build 180k homes FOR FREE which real estate developers can then sell on and keep the money of at a 2x rate of "affordable home" market
(a new home costs about £63k material labour and land cost(wholesale) per home
building 180k of them is 11.5b)

an "affordable home" is £134k on minimum wage
(UK min wage is £1.6k with a mortgage max rate of 35%
=$560 a month. which on a 20 year mortgage is £134k)

so yes real estate get a house for free and sell it for £134k where the real estate developer keeps all the money

...
i say all this. because UK government happily hands out £11.5b for rich estate developers to get richer

but when it comes to the labour budget of emergency services (healthcare and police)
nurse avg income £33k x 360,000nurses = £11.8b
police avg income £29k x 153,000officers = £4.4b

the government refuses to just double nurses pay.. or double the amount of nurses working
which is affordable by just not paying house developers.
refuses to just triple police officers pay or increase number of officers working

refuses to 50% pay rise. refuses 20% refuses even 10% rises..

yet simple maths shows the government can afford it if they simply didnt give free money to rich land developers

[Iroh]

Many don't care about workers, even when there are demands for a salary increase which is only a few percent they are thrown out and never heard of, labor has indeed become an issue in many countries so that in some countries there are special labor parties that fight for a better life for workers.

Why would workers be cared for when the ultimate goal of any corporation that’s in business is to make profit. Hence, exploitation of workers with any means possible would be at okay here. Why do you think some corporations are against their employees forming labor unions?
If all employees are allowed to form unions that would have their backs and look after employee welfare, the labor shortages we’ve got wouldn’t be a problem. I’m pretty sure they’re folks who are out of a job, while willing to work, are actively searching for a job that respects and has the well-being of their employees in mind.

[so98nn]

This makes “freelance” industry go top of everything. No wonder how they keep hiring employees in contract basis and start paying them only half of what fixed salaried employees earn these days. All the big companies lay off employees and literally get contracts with the third party Client so that they can handle their businesses at cheaper rates. It’s really getting admixture of substandard and standard practices in the field of employment. Not good for long term economical standards.

[tabas]

I agree to you, sadly here in my country doesn't know how to support the feeljng of their countrymen, it is very hard to have a primary work and also having a secondary work because having only 1 work is not enough to sustain the lives of your family, little by little inflation makes it harder to budget our salary so even you have multiple jobs it is hard for us to get paid right and accurately.

That's the reality of life these days, having one job today isn't going to be enough. With high inflation rates, you'll just have barely enough to survive.
To avoid the situation that the others have been going through, they've got good stories and real life experiences. One of it is being wise on your money, I've seen software engineers that have been interviewed and now they're homeless. I don't know if there's something with their lifestyle but there could be and in today's time, even if you're earning that much, you have to save for rainy days.

[Pejoh Asu]

In developing countries most countries do not care about workers, to get an increase that adjusts to inflation and even workers must demonstrate to make the government forced to raise minimum wages, this is a difficult fact, but when an election will occur, the workers will be given a promise that it will rise in dozens Even hundreds of percent if he was elected and won the election.