Wages Have Been Suppressed by Mass Migration, But No More

Wage inflation is going to skyrocket.

WSJ: Companies Pay New Workers Higher Wages, and Current Employees Ask, ‘What About Us?’

So-called wage compression—when pay for new hires or entry-level staff approaches what longtime staff or senior colleagues make—poses a financial and management challenge for employers, and has gained new urgency as companies fight to attract and retain employees amid record-high rates of job-quitting.

When companies announce pay increases for entry-level jobs, they also send signals to their internal workforces, said Diane Burton, academic director of the Institute for Compensation Studies at Cornell University’s ILR School and a professor of human resource studies. Those signals can prompt companies and individuals to reassess the value of skills, experience and seniority.

America has systemically destroyed human capital over the past couple of decades. The "educated" are anything but, and now socialist policies forcing up the bottom of the wage scale will unleash explosive rises for the hardworking and talented.