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Submission + - SPAM: CEOs whining about having to pay employees more money

smooth wombat writes: For the longest time we have heard companies complain no one is qualified for their available jobs. Now it seems that mantra is coming back to bite them as they can't find people to fill their available jobs. As a result, they are having to raise wages to attract people to these jobs. This in turn has lead to their latest whinings: we have to pay people more!

Why are they complaining about having to pay more money to attract and retain people? Because investors and Wall Street firms see higher wages as a drag on profit and growth rather than a raising up of people's living standards.

There used to be multiple people applying for every job. Not any longer. Now, there's barely more than one job seeker for every job opening. Keeping good employees around is harder, and businesses from Silicon Valley tech hubs down to coffee shops are increasing pay to attract and retain workers.

As a side note, as Marissa Mayer prepares to depart Yahoo! after four years of marching in place, she stands to reap a $219 million golden parachute yet no one on Wall Street is complaining about that drag on profits.

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Comment Re:TFA is not terribly clear... (Score 1) 203

Yes, obviously there are 4th Amendment considerations (that I intentionally glossed over), but those are a separate topic and are not particularly relevant to the situation we're discussing given that warrants were issued. Moreover, warrants were also issued in both of the cases I described, but I purposefully left mention of them out of my comment so that I could focus on the 5th Amendment questions that are of significantly more interest to the case at hand.

When it comes to 4th Amendment matters, the case being discussed here isn't particularly interesting, so I see little point in getting bogged down in a discussion about warrants.

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