How Both the Company and Employee Benefit From Higher Pay

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Many businesses have had to increase pay during the pandemic. But there's an upside: Research shows companies that pay the best outperform their peers.

As the economy has lurched forward during the pandemic, many businesses have found themselves forced to increase workers’ pay to fill openings—and not everyone is thrilled about it.

After the latest U.S. jobs report, which showed that wages in September rose a robust 4.6% compared with the prior year, Plante Moran Financial Advisors called the trend “a detriment to employers.” In fact, some are “hoping wages return to the pre-pandemic status quo,” noted a report from the Society for Human Resource Management.

 

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By the way, the CEO’s of the Uber and Lyft does not seem to me well educated because they don’t know mathematics. If they would do, then the people who investing their time, car, gas maintenance, and insurance wouldn’t get .32 cents per miles and .32 cents per minute.

Spending any is the gig companies. They used the ride share driver assets as there assets to make billions of dollars. It’s a biggest scam in the modern history.

Of the gas for a round trips. The gig companies consider ride share driver as independent contractor. However, being an independent contractor, the ride share driver pay out of his pocket for a ride he just gave. Guess what, who is making the real money without...

Of the ride share driver. The Gig companies such as Uber and Lyft charge ride 5 to 10 times of the actual cost of the ride name of the ride share driver shortage. However, the ride share driver get only.32 cents per mile and .32 cents per minute that doesn’t even covers the cost

Also that news is years old (Costco, others), just inconvenient then for wsj's editorial agenda.

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