Originally Posted by
Trip7
Feds set the rules. Feds don't set the pay. The market does. If there is still a mountain-stack of resumes on Colgan's desk there is no need to raise the pay.
I disagree. It's all about supply and demand. If the feds raise the bar (reduce supply) the demand for qualified individuals will correspondingly increase. When the demand increases enough, individuals will receive multiple job offers and the best companies (pay, rules, etc.) will win out. This will leave the Colgans of the world no choice but to compete or die. They will no longer be able to compete just by lowering minimums.