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A Florida restaurant chain says boosting pay and offering better benefits helped it end its labor shortage
(www.businessinsider.com)
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Our industries are completely different, but your story reminds me of my own.
I'm a software developer, and I used to work for one of those companies that does everything in its power to convince you they're a great place to work except pay competitive software developer wages. Free snacks! Great onsite gym! Cool, open floorplan! Their turnover was high, they had no clear corporate direction, and they didn't pay what anyone was worth, so there was no loyalty.
I got fired very likely for finding out profits were plummeting and the whole thing was a front for the owner's side-hustle, a Bitcoin mining operation.
These days, it's a shell of its former self, and the few people left who I genuinely liked and respected are all looking for other jobs. I have no doubt the owner will eventually end up in prison.