>if the argument is that employees “value” is shown by salary and Jane is unhappy based on her perception of contribution, isn’t that a fault with management fo

>if the argument is that employees “value” is shown by salary and Jane is unhappy based on her perception of contribution, isn’t that a fault with management for not recognizing that and fixing accordingly? I think we're assuming Jane to be a rational actor with perfect information. Jane makes less than Joe and feels she does more than Joe. Management feels Joe does more. Theoretically, management can tell Jane that Joe is paid more because his contribution is valued more, but Jane's unhappiness only exists because she disagrees with this valuation. Either Jane convinces management that her self-evaluation is accurate, management convinces Jane she is being paid what she's worth, or Jane updates her resume.