Oh wow. That is shockingly naive.
And if you re-read my post you'll understand that ALL of your points are inherent within it.
If shareholder profits are increasing whilst living standards are falling, how can you describe that as workers getting what they have earned?
Again, that is the crux of where are at - significant disparity caused by neo liberalist policy.
Shareholder reward relative to the investment risk is acceptable - but we're way passed that.
You've described the conditions in a healthy competitive market. We are not there - we are closer to employees being price takers and employers being price makers, rather than equity of both being price takers. People need to eat and pay bills - squeezing living standards combined with record profits has created the position of dissatisfaction where it's harder to move employer, and COVID has exposed the possibility of difference that equals "why should we move employer? Let's make this employment work for US.". Responsible capitalism will respond if it's smart.