HEADS would roll if Walt saw that!!! That’s just unacceptable in any theme park!
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Disney Labor Shortage
- Thread starter Corgi
- Start date
Sirwalterraleigh
Premium Member
Walt actually couldn't care less about making money based on his quote
" We don't make movies to make money, we make movies to make more movies " - a shareholder investor and Wall Street nightmare.
Heppenheimer
Well-Known Member
I imagine Roy suddenly breaking out in a cold sweat hearing that.
Sirwalterraleigh
Premium Member
Which one?
castlecake2.0
Well-Known Member
Please tell me you told GR
flynnibus
Premium Member
'make it'?
You do realize wages come from sales revenues... not the wage fairy right?
IMO this is the perfect storm of covid, plus new societal changes.
In my area you can get $15/hr now working at Sheetz... which is one step above McDonalds. Even retail is paying $12+hr. I know businesses paying $17 and $19/hr for no prior training needed work.. and still can't get enough people. And they people they do get, half of them never end up showing up for work. People don't even acknowledge they quit anymore, they just ghost their employer. Literally they have failure rates of 75% IN THE FIRST WEEK.
Making it worse is all the incentives needed just to get people to interview. They are paying $500 to new hires... people just show up to qualify, then never come back.
There is just so much S((*&T attitude from workers out there.
larryz
I'm Just A Tourist!
Maybe if people had to pick grapes for a few seasons just to make enough to survive... shuck oysters... peel shrimp or crawfish... cut lawns and trim foliage...'make it'?
You do realize wages come from sales revenues... not the wage fairy right?
IMO this is the perfect storm of covid, plus new societal changes.
In my area you can get $15/hr now working at Sheetz... which is one step above McDonalds. Even retail is paying $12+hr. I know businesses paying $17 and $19/hr for no prior training needed work.. and still can't get enough people. And they people they do get, half of them never end up showing up for work. People don't even acknowledge they quit anymore, they just ghost their employer. Literally they have failure rates of 75% IN THE FIRST WEEK.
Making it worse is all the incentives needed just to get people to interview. They are paying $500 to new hires... people just show up to qualify, then never come back.
There is just so much S((*&T attitude from workers out there.
they'd appreciate $17 an hour refolding pants and rehanging shirts.
Sirwalterraleigh
Premium Member
Right...they should raise prices and keep it at minimum...
because the price raise isn’t negotiable
I bet that’s so horrible to deal with
Sirwalterraleigh
Premium Member
Sheetz?!?'make it'?
You do realize wages come from sales revenues... not the wage fairy right?
IMO this is the perfect storm of covid, plus new societal changes.
In my area you can get $15/hr now working at Sheetz... which is one step above McDonalds. Even retail is paying $12+hr. I know businesses paying $17 and $19/hr for no prior training needed work.. and still can't get enough people. And they people they do get, half of them never end up showing up for work. People don't even acknowledge they quit anymore, they just ghost their employer. Literally they have failure rates of 75% IN THE FIRST WEEK.
Making it worse is all the incentives needed just to get people to interview. They are paying $500 to new hires... people just show up to qualify, then never come back.
There is just so much S((*&T attitude from workers out there.
ahhh...yinz been holding out on me dahntahn all dis time
flynnibus
Premium Member
Problem is the mentality that 'everyone' is owed a good living job. People forgot to check if the 'everyone' are willing to hold up their end of the bargain! Because most don't... but are quick to blame everyone else for their woes.
Seriously - the labor situation is unlike anything I have seen in 20+ years of hiring people. Entitlement has gone TO THE MOON!
Sirwalterraleigh
Premium Member
That’s a natural progression based on what happened.
1980’s:labor bad...everyone should be rich!
1990’s: all work bad...everyone play the stock market
2000-today: now that we’re all rich...let’s buy everything. No need to wait for Christmas...hell, don’t wait for payday! Buy it up...Amazon has got it.
the real problem is that we depend on the have nots in a “post industrial” or “service” economy.
Turns out...covid made them not want to be in the last group of have nots.
good luck stuffing that genie back in the bottle
Willmark
Well-Known Member
So what you’re saying is arbitrary raising labor rates has real life consequences.
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Their company, their decision makings and life consequences is a real stretch of a statement.
Heppenheimer
Well-Known Member
I assume you meant "raising"? Otherwise, I don't understand what you mean.
Autocorrect has gotten me a few times too.
I'm surprised nobody has mentioned the Philips curve yet in this discussion.
Sirwalterraleigh
Premium Member
Hasn’t labor been “raided” since about 1968?
Willmark
Well-Known Member
Likewise I’m surprised (yet not) that nobody has discussed the concept of scarcity as it applies to employment.
Generally speaking I tune out most people when they say $15 an hour with no accounting of skill set and who might be able to perform a similar of exact function.
Willmark
Well-Known Member
Generally speaking, I tune out most people who don't realize that the Federal minimum wage ($7.25/hr, $15k/yr) hasn't been raised in the past 10 years and thus, they lost nearly 10% of their very low wage buying power due to inflation. Additionally, if that Federal minimum wage was pegged to U.S. productivity and not inflation, then the lowest paid workers would be getting $24 an hour.
Many legislative schemes to raise minimum wage is to do it over time, so that it's $15 by 2025, by which time it comes out a little ahead of inflation (and still very far behind productivity) from a decade ago.
But now we're in a situation where the free market law of supply and demand has companies falling over themselves to attract labor with a minimum of $15/hr. Free market capitalists should be very happy that the market is working!!