I've always founds this curios, if I'm my company is going through a rough time, I don't call my boss and say I want 50% more money, I usually just help out until we get through it, occasionally I'll get a bonus for that but it's optional.
Oil companies are interesting because it seems like the first thing that happens if there is any kind of problem is put their prices up?
If there's a shortage of labour, one company wants to pay you $60k, one company $90k and one company $150k. Where will you choose to work? Right, the last one. The first one will have to at least come close to $150k if it wants to keep you. The labour market has higher friction than the oil market so this probably won't happen for a few weeks until the manager realises he's bleeding employees.
bamboozled · · focus · HN ↗
Oil companies are interesting because it seems like the first thing that happens if there is any kind of problem is put their prices up?
someonebaggy · · focus · HN ↗