Wages
topic on 5 shows · 6 statements across 6 episodes
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6 statements about Wages, every show
Boucai: Significant Wage Increases Typically Flow Into Rents Over 12–24 Months
“When you get a big wage increase, it typically shows up in rents over the following 12 to 24 months.”
Bertolini: Aetna's 90%-discounted soft wage benefits equaled all hard savings
“Let's take all the soft benefits, presenteeism, better attitude at work, empathy for our members. Let's put all those on a page and let's discount them by 90%. And so when we did that, the group that we discounted by 90% added up to the exact same amount of sa…”
Noah Smith: Mass deportations will not significantly raise native workers' wages
“The reason why a flood of immigration does not really actually reduce wages is that immigrants are also buying things and the demand from buying things creates labor demand for native born people. And so, so immigrants really don't do much to wages. And what t…”
Ross: European Notice Periods and Hiring Rules Suppress Employee Wages
“If you are a company right now, it feels like, okay, well, it's harder to poach, but what does that do? It suppresses wages. It's harder to hire someone. They're less likely to move. There's less competition. It suppresses wages.”
Pai: India creates 15M jobs yearly, but 75-80% pay under 25k rupees
“We create one and a half crore jobs a year. But 80, 75, 80% pay less than 25,000 rupees a month. So job creation is not a problem in this country. The problem is the wages.”
Grantham: Wage inflation is not in immediate danger of spiraling
“To work through to wages, where inflation really starts to escalate, it's going to take a long time, because we've had such miserable deflation in the typical average wage for so long that we are not in immediate danger of having them spiral out of control.”