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In fact, given the current shortage of skilled workers, workers can be expected to gain the upper hand in negotiations: But when it comes to wage increases, there is often a hard nut to crack. This is disappointing – and for an even harder pace lately. Some employees actually exploded and even threatened to fire them if they didn’t get paid more. This phenomenon is called “loud drop”.
Looking at the figures, it is seen that employers tend to be stingy in their wage increases. Inflation, which was 2.8 percent last year, ate up the average wage increase of 2.2 percent. In fact, real wages fell by more than 3 percent in Germany and the USA. So it’s no surprise that young workers, especially in the US, are hitting the table more and more.
“Usually only employees who are in high demand in the labor market and find another job immediately use this tool,” labor market expert Matthias Mölleney, 62, tells “Tagesanzeiger.”
If you exaggerate your negotiating position, you can quickly get down to the truth. Because employers may also understand the excessive behavior as a violation of the duty of loyalty. This can even end with a warning or, in the worst case, dismissal.
But the shortage of skilled workers meanwhile has affected almost all sectors in Switzerland: restaurants and recently a group of hospitals are reducing their working hours. IT companies and industrial groups are desperately looking for staff. According to a study by business broker Dynajobs AG, 200,000 people will be missing this year. Already 365,000 people in two years.
“In times of severe shortage of skilled workers, workers often have more power, and so the group that can ‘quit loudly’ is unusually large,” Mölleney tells “Tagesanzeiger”. (smt)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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