I mean with the turnabout of current generation work ethic, I personally think that the current systems anti-productivity / efficiency in the first place. There used to be a worker loyalty and high work ethic but it'd increasing trends among millennial and Gen Z to just... not, and why would they when it's been proven time and time again that the company culture is now replace first and hope the replacement is better or another annoying trend is replace and then not fill, with the expectation that the rest of the team will take on the extra workload for no additional pay.

I think the only real solution to the issue is either an overall wealth tax, or regulation in the spectrum of the next tier has to be at within x amount of the previous or the highest tier must be within x amount of the lowest tier, which would allow for competition in the work hiring field still, raises would still be allowed to happen it's just in order to raise one tier they have to raise the tiers below it as well.