The only explanation that makes any kind of sense to me is “how hard is it to replace you?”
If it’s “easy” that means there’s an excess of labor for that position, if it’s “hard” then there’s a lack. It’s probably the only case of supply and demand that actually follows the theory.
Unless of course it’s low wage work in a HCOL area and the asshat owner refuses to raise the wage to attract workers…
It should be based on a combination of skills and cost of living, but that takes the workers needs into account and there isn’t an owner alive that gives a shit about that. :(
The only explanation that makes any kind of sense to me is “how hard is it to replace you?”
If it’s “easy” that means there’s an excess of labor for that position, if it’s “hard” then there’s a lack. It’s probably the only case of supply and demand that actually follows the theory.
Unless of course it’s low wage work in a HCOL area and the asshat owner refuses to raise the wage to attract workers…
It should be based on a combination of skills and cost of living, but that takes the workers needs into account and there isn’t an owner alive that gives a shit about that. :(