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There should be bias towards high salary occupations. What do you think salary is? It supply demand signal. Some people think that occupations should just earn
by UK-AL 11y ago
There should be bias towards high salary occupations. What do you think salary is? It supply demand signal.
Some people think that occupations should just earn a certain amount. But that's not how markets work.
If a mechanic has rare skill to fixing a rare machine. Than that guy is worth a lot. People have to accept that.
Instead people make their mind he's worth 60k, and refuse to pay above. Then claim theirs a skills shortage. That's not how markets and prices work. There's no predetermined price in occupations.