And how easy is to access to credit we could see that companies have real problems to hire workers.
Those who want to work Will provide so bad quality that companies will have bad reputation.
Maybe in future If things continue to go this way it's better to be worker because you earn more without liabilities.
I can imagine situation when hotel resort need to pay just for the cleaner who really will show up and do quality work 500-1000$ daily and that's not joke.
More and more people start to think how valueble are their time and often when company taking cheaper worker that might harm companies reputation and company can lose the customers.
We might see that companies need to borrow funds soon just to pay to workers.
Job is market based on current situation the value of money possible ways to earn easy money we will see rapid changes on the Job Market.
And that's really happening and companies have no other options but to pay the price otherwise business can't function at all.
And If it's large company probably some wall street office and it need to be cleaned or toilet need plumber or other issues for them paying the 1000-2000$ daily it's nothing.
Or some cruise ship make a lot money to pay 7000 $ for dish washer it's nothing for them atleast the Job get done.
And construction building well those wages Will be 20 000$ monthly and If u don't pay well you risk with bad quality work or Even that workers don't show up on time.
That's our new reality in the future If everything continue to going same Direction off course inflation of money but workers Will calculate and add inflation so If prices going up people use smart ways like invest in crypto and make profit or Simply taking money credit and live off the debt because the work wages not equal with their value of time.
Anyways If i will be the company holder i rather pay higher money atleast i get the Job done specially now days when the new Job culture are not showing up on time.
The truth is there is a lot people who have a lot money they want to spend that they someone who always cook for them and drive for them and there is more money than actually qualified people who could offering service and at the end of the day people just want to get things done and specially new class of society who got no time to talk about how much it cost they just need service and If they need to pay little more they got enough money.
Many people here live in richer countries within Europe or the USA, Canada, Australia, erc. So it is hard to see the context of "bad workers," because they do exist, but generally everyone has a basic level of education so they are not functionally bad, maybe they just have some traits that need fixing like lateness or poor spelling. It can be a major adjustment for people ending their stay in the education system to adjust to how the real world of business actually exists. However if you are talking about certain parts of Africa or Asia, where people are often lacking the most basic knowledge or skills, then that is a problem that their government should be helping to solve and is not entirely the average workers fault.