Quote:
Originally Posted by PB PM
If you are talking about big corporations sure, but small business employe far more people. As a small business owner, I can assure you, I’m not getting anything from inflation, other than a lower effective income, just like most people. We would get dumped by many of our clients if we increased prices to match inflation.
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Then you would need to be clear to your clients that their prices are going up because you want to ensure that your employees (who I presume you care about/are loyal to) don't go broke working for you. It's better for your bottom line to keep trained employees, who might otherwise quit, and not have to lose time/money/resources to an employee search because you've let your current employees' real salaries drop owing to inflation.
Look at it from my perspective: I am effectively a small business owner myself, I've helped to bring into the university over £1.6 million (almost half of that exclusively from my efforts), and I hire people to do the work I've raised money to do. I fit in a system where I have no control over my salary or the salary of the folks I employee. I no more want to have my cost of living to be unlivable at my salary than I do for the people I employ. So I join a union which supports my goals of a sustainable academic practice, rather than do nothing as the government and universities cut into bone in the pursuit of the latest bauble...