this post was submitted on 29 Mar 2025
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I get what you’re saying but yes, I think that’s what we want. When a company pays its employees a good salary the employee will stay for a couple of years. When a company pays its employees a great salary ($50-80k+ more than the avg in that area) it encourages employees to stay and work for that same company. You’re getting paid well, you have healthcare, if the company has good benefits(stock, pensions, long term investments), why leave?
Employees will be happier, product quality will increase, and the company is supplying the community in that area with more money and local taxes. We saw that in the 40’s, 50’s and then yea kinda down hill from there.