Aye yes, what a joy it is to advertise a job and receive 350 candidate applications. The employer is definitely in control here, the great recession has created an abundance in this one area. However some employers have taken this opportunity to skew the balance even further and are using economic conditions to squeeze the proverbial "blood from the stone".
There is a very fine line between maximizing resources and treating employees like 'cow chips". Guess what folks, in a few years the mistreated, under appreciated employees will watch as your business model flames out big time. Demography is destiny and the economy will recover. The only sustainable business model is recognizing that you are in a relationship with your employees. This is not a one off transaction but an ongoing relationship. Employers need to stop acting like jackasses.