Analyzing The Wet Shaving Market in 2023

I also interact with plenty of other companies, they all say the same thing. "No one wants to work anymore."

They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.

They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards

No thanks.

Bingo.

I also interact with plenty of other companies, they all say the same thing. "No one wants to work anymore."

They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.

They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards

No thanks.

I think that can be somewhat true, but also can see where Blackland Razors is coming from too. In my current job role, I'm massively underpaid per the going market rates so my solution is to look at other companies who value my talent more. in fact, I have an interview in a few hours where I'll be getting paid 2x what I'm making now...

I also interact with plenty of other companies, they all say the same thing. "No one wants to work anymore."

They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.

What type of businesses are these? Can their product/service be delivered at the same price if these things are added or will they lose business if they increase prices?

They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.

They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards

No thanks.

I think that can be somewhat true, but also can see where Blackland Razors is coming from too.  In my current job role, I'm massively underpaid per the going market rates so my solution is to look at other companies who value my talent more.  in fact, I have an interview in a few hours where I'll be getting paid 2x what I'm making now...

Good luck, Andrew.

I also interact with plenty of other companies, they all say the same thing. "No one wants to work anymore."

They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.

They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards

No thanks.

I also interact with plenty of other companies, they all say the same thing. "No one wants to work anymore."

They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.

What type of businesses are these? Can their product/service be delivered at the same price if these things are added or will they lose business if they increase prices?

Surprised there's pushback here since it's pretty straightforward. We're competing for a finite resource. So if we want access to that resource we have to pay more for it. We can stomp our feet and pout about work ethic all day long, but it's not going to do any good. It's no different than saying that cars should cost no more than $20k. Maybe we feel that way, but the market says otherwise. If we don't want to pay more then we don't have to, but we shouldn't expect workers to come flocking for the opportunity.

As for Blackland, I like working with people who are paid a good wage and who love working here. So we pay well above market rate, provide a fun and permissive culture, and have a lot of benefits that similar jobs don't provide. It feels good to pay a living wage and you can imagine that we don't have the same problems of people with no work ethic.

They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.

They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards

No thanks.

I think that can be somewhat true, but also can see where Blackland Razors is coming from too. In my current job role, I'm massively underpaid per the going market rates so my solution is to look at other companies who value my talent more. in fact, I have an interview in a few hours where I'll be getting paid 2x what I'm making now...

All due respect, I wasn't surmising, this is an economic fact.
Good luck in your interview, I hope you get it.

They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards

No thanks.

I think that can be somewhat true, but also can see where Blackland Razors is coming from too.  In my current job role, I'm massively underpaid per the going market rates so my solution is to look at other companies who value my talent more.  in fact, I have an interview in a few hours where I'll be getting paid 2x what I'm making now...

Good luck, Andrew.

Yes, good luck andrewjs18

I’m with Shane Blackland Razors . I’ve been trying to buy local where possible and by local I mean Canada and the USA. Not just shaving stuff but whatever I can. For example when I expanded my basement gym during Covid I accepted that buying local was going to cost me more mostly because the cost of living is higher here than in China and so is the cost of labour. I figure that local labour and businesses are my neighbours and I don’t begrudge my neighbours a living wage. So I outfitted my gym with stuff from the following businesses and I couldn’t be happier. Yes I paid more than if I’d got stuff made elsewhere but the build quality is top notch, I love it and I’m helping the local economies. 

www.roguefitness.com
www.kabukistrength.net
www.oakclubmfg.com

We’re all in this together

They should pay more. I’ve heard from several business owner acquaintances the same grievances that nobody wants to work. Then they tell me that they’re paying $16/hr, no paid breaks, no PTO, no 401(k) plus matching, no health. Of course nobody wants that job. The labor market is a market. Demand for jobs rises as wages for those jobs do. Employees are done being treated poorly and businesses better wise up to that. In the meantime, business leaders that pay well have their pick of the talent pool.

They should pay more = consumers pay more = more inflation = rise interest rates = less investment = moving backwards

No thanks.

I think that can be somewhat true, but also can see where Blackland Razors is coming from too.  In my current job role, I'm massively underpaid per the going market rates so my solution is to look at other companies who value my talent more.  in fact, I have an interview in a few hours where I'll be getting paid 2x what I'm making now...

Praying that one works out perfectly for you.

Debating whether to stay out of "politics" on the forum, but this is laughable

The person trying to underpay employees and squeeze every drop out of them is finding... employees aren't giving quality work? Shocker!

You get what you pay for.