this post was submitted on 05 Dec 2023
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Not mocking cobol devs but yall are severely underpaid for keeping fintech alive (lemmy.world)
submitted 11 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 3 points 11 months ago (1 children)

Yes, workers unions are famous for fighting to lower the wages of the workers they represent. Very much. Indeed.

[โ€“] [email protected] -1 points 11 months ago

I think the problem is that unions are famous for fighting for equal pay across the board for the workers they represent regardless of individual competency or market demand. For this example they'll give COBOL developers a raise to 120K and give web developers a pay cut to 120K.

Or best case scenario they give the COBOL developers a short-term raise to 150, then raises across the industry stagnate in coming years to offset the fact that employers feel like they're overpaying for some people. But sure, a few years later the union can come in to look like a hero arguing for a fraction of the raise the web devs could have already gotten.