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Antiwork

What is the benefit of wage compression?

I can see why a lot of companies do the scummy things they do as they give them more money or power/control over employees. But I have a hard time seeing how paying new workers more than current ones benefits them. Is it a side effect of the company being desperate to fill a roll so they have to rase the wage to fill the gaps? Or is it an intentional strategy they use to run off current older workers?


I can see why a lot of companies do the scummy things they do as they give them more money or power/control over employees. But I have a hard time seeing how paying new workers more than current ones benefits them. Is it a side effect of the company being desperate to fill a roll so they have to rase the wage to fill the gaps? Or is it an intentional strategy they use to run off current older workers?

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