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> Nobody is stopping engineers from saying "I'm going to contribute $1.5m to your bottom line this next year, I want you to pay me $1.4m", but they'll be shown
by fizx 10y ago
> Nobody is stopping engineers from saying "I'm going to contribute $1.5m to your bottom line this next year, I want you to pay me $1.4m", but they'll be shown the door because there's a guy that's willing to contribute the same $1.5m in exchange for $100k in compensation.
No, the reason you don't get that salary is because you need to discount for the risk that you don't deliver $1.5m.
Realistically, you just could be full of shit, you could get bogged down in politics, your wife could get cancer, and any number of other things could happen. So the price trends down sharply.
- cmdrfred 10y agoHow did you come to that conclusion? All thing being equal why shouldn't you pick the 100k guy?
- fizx 10y agoAll things are never equal. Even assuming that you had an identical prior on the two candidates, the information that one person was willing to do a job for half price would make me doubt his intelligence.
- cmdrfred 10y agoSo you always go for the guy who requests the highest salary?
- fizx 10y agoIf in some artificial scenario, I had to blind hire one of two candidates with functionally identical resumes, where one asks for market value, and the other asks for half market value, yeah, I take the higher salary..