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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 761 |
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As the demand increases, so will the wages, as competing hospitals will increase employment offers in order to fulfill their open positions. In the suit against the hospitals, the union claims that administrators swapped “nonpublic figures on pay and anticipated raises for nurses and agreed not to compete on compensation†(Evans, 2007)...
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This would create an unbalanced market and produce artificially low wages.
In order to increase the supply of nurses, New York can implement several strategies. The first and most important of these strategies is to immediately increase the wages of nurses. “Low pay and poor working conditions push nurses out of hospitals†(IWPR, 2006)...
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