Post by TheMark on Jan 14, 2020 2:03:11 GMT
A great indicator for Trump's economy: Taco Bell will test a 6-figure salary for managers and roll out paid sick leave as fast food's war for talent continues to rage.
This is something the MSM never talks about. When unemployment is low, wages and benefits rise. Corporations during WWII started offering health care insurance during WWII to entice high-talent workers because of wartime wage freezes.
Basic economics, when one worker is looking for a job and multiple companies need workers, the companies will "fight" over getting them. Higher pay, more benefits, etc. This is really "A seller's market."
I don't fully expect more than a few corporate stores to do this and zero franchisees could afford to do this. I believe that at the first uptick of unemployment, those 100k jobs will disappear, if they last that long. However, 50-75k would be very reasonable to keep talented and effective managers.