NHS across UK spends a ‘staggering’ £10bn on temporary staff | The Guardian
Reminder that this money does *not* go to the temps (mostly nurses and doctors) who only get a tiny fraction of it: it's money paid to commercial employment agencies, ie. Tory donors. https://www.theguardian.com/society/2024/jan/16/nhs-across-uk-spends-a-staggering-10bn-on-temporary-staff
When a 3rd party interjects itself between employer & employee, customer & seller, etc -- it always seems to turn into a rent-seeking endeavor.
Offers little real value to either counterparty, yet costs a lot.
Depresses the benefits to each side, while the middleman takes the biggest slice of the pie
The employee sees wage suppression. The employer sees wage inflation. Both caused by an unnecessary middleman
Why did organizations decide it was prudent that critical ...
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... functions like human resources, recruiting, & staffing be outsourced?
The same parasitic dynamic in car repairs. Car repair insurance just inflates repair costs to the car owner & puts repair shops into bankruptcy because the paperwork hurdles for insurance are a net negative for revenue
There are innumerable examples like this
Unnecessary brokers between buyers & sellers
Some of the price gouging & consequent inflation is caused by a middlemen locking in a niche & fixing prices
Charlie Stross
Nicole Parsons
The Long Tail