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re: Amazon more than doubles max base pay to $350k for corporate and tech workers

Posted on 2/7/22 at 7:34 pm to
Posted by Street Hawk
Member since Nov 2014
3465 posts
Posted on 2/7/22 at 7:34 pm to
quote:

How is an F500 paying its employees more have anything to do with inflation?

Fast-rising wages could cause the Fed to raise interest rates even higher this year

Amazon is just one example. Now imagine if most companies did this.
Posted by Geauxldilocks
Member since Aug 2018
2458 posts
Posted on 2/7/22 at 7:49 pm to
quote:

Amazon is just one example. Now imagine if most companies did this.



Most all successful companies will be forced to compete, and their products and services will be adjusted upwards so their NOI % remains intact.

That means you and I pay if we want/need the product. LOL at all those dumb progressives who think hiking minimum wage in a significant manner doesn’t have consequences.

Food shortages and riots are coming much sooner to a town near you.
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