Great post Jason.

Incentives are strange - and vastly different- among individuals and corporations. I think a lot of this has to do with having a level paying field when it comes to accessing information.

The notion of cash hoarding is so complex at the corporate level, guided by lawyers and accountants and people with access to information that no average consumer has. What average consumer parks savings overseas to reap tax benefits? Or creates a complex model to determine if investing in night classes will yield a higher salary over time, versus simply working a few extra hours?

Companies will pay higher wages when they are offered an incentive to do so — based on the data they have. If the market continues to reward them for holding cash and keeping wages flat, they’ll do that.

It could very well take a “snap” between the two forces to change the environment.