Are you paying your employees more?

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Mar 15, 2024
2:39:07pm

BYU-Ite All-American

Are you paying your employees more?

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BYU-Ite

Bio page: BYU-Ite
Joined: Jan 9, 2002
Last login: May 15, 2024
Total posts: 8,112 (17 FO)

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Messages

Author

Time

Utah employers need to step up their pay to match Utah cost of living.

Coug Dude

Mar 15, 2:09pm

I've been looking for mostly remote jobs due to this issue

Mar 15, 2:10pm

They do it because they can

TNT

Mar 15, 2:11pm

under the federal government, the Salt Lake City area is listed as “rest of the

Longseason

Mar 15, 2:11pm

And I can tell you that we aren’t happy about it. Believe it or not, it’s not

Jstak17

Mar 15, 2:45pm

One counter point is that just because housing has gone up so much doesn't mean

RGGeemer

Mar 15, 2:13pm

It's almost as if there's an invisible hand steering this stuff. Employers will do what it takes to get employees.

Mar 15, 2:15pm

Employment is supply and demand. If there are enough workers that want to

johnnybyu

Mar 15, 2:15pm

If anything the increase of home values and decrease in wages are both results

novacoug1

Mar 15, 2:28pm

That's not how it works, particularly for small businesses. I have a small...

Team Chaos

Mar 15, 2:15pm

This. Wages are based on "cost of labor" indexes within industry nationwide, not

RGGeemer

Mar 15, 2:16pm

For example, say inflation goes down in the coming years. Should companies give

RGGeemer

Mar 15, 2:19pm

Well, inflation going down doesn't mean prices drop. It means they don't rise as

squidmark

Mar 15, 2:24pm

Say there is deflation. Companies would likely still give raises that year.

RGGeemer

Mar 15, 2:25pm

True. But you can also get cost of labor for a specific market

Future_Tacos

Mar 15, 2:22pm

To a certain extent, yeah. But you can't give one group of employees larger

RGGeemer

Mar 15, 2:25pm

Yup. That’s almost always true.

Future_Tacos

Mar 15, 2:36pm

Sounds like you should start a Utah business and step up the pay

Buffalo

Mar 15, 2:16pm

Or people need to accept that they don't have to live in Utah

Mar 15, 2:19pm

Or hear me out: Don't live in Utah

BigTex

Mar 15, 2:25pm

Correct, people are accepting lower paying jobs to stay in Utah

Mar 15, 2:32pm

With remote work, that's not necessarily true

Belboz

Mar 15, 2:46pm

She isn't one of the ones accepting lower paying jobs and driving that state

Mar 15, 3:32pm

I'm not so sure that salaries are too low in Utah

Belboz

Mar 15, 4:15pm

As of 2021, they ranked 30th

Mar 15, 5:21pm

How does that compare to #25?

Belboz

Mar 15, 8:48pm

Your Best Option: Find a remote job located in California, then move to Kansas

Team Chaos

Mar 15, 2:27pm

That would be like winning the lottery

TNT

Mar 15, 2:28pm

My company is based in France, but I have a co-worker who did better.

Belboz

Mar 15, 2:41pm

Are you paying your employees more?

BYU-Ite

Mar 15, 2:39pm

Based on the tone of the comment, I assume he is the employee.

Mar 15, 3:38pm

They don't have to take the job if they don't think the pay is enough.

P-Boy Squad

Mar 15, 2:42pm

RE: Utah employers need to step up their pay to match Utah cost of living.

IceBlue

Mar 15, 2:54pm

That’s not how it works

Incentivize

Mar 15, 3:02pm

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