Quote Originally Posted by BananaStand View Post
What should happen here, is that the current administrator gets more efficient, through experience and innovation, to command an extra $4/hour.
That is true and happens to a degree, though it has limits. As scale increases, more help is needed. This is why one of my friends is one of five accountants at his firm instead of just one of one accountants at his firm.

Remember, businesses aren't in business to educate an entry-level workforce.
Why is that? I know of a lot of reasons why we have been gravitating away from that. Yet, the concept is still very valuable.

I believe things would operate much more productively if we moved back towards the norm that there should be more of a role in firm-designated training and apprenticeships. We already have a lot of this in indirect ways; an example is in how employers will often pay for employees to go to college. This tells us that firms do consider themselves playing the role of educating the workforce. It's just that the current standards for how to do it are not that efficient.