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I definitely agree that they are not 10x more amazing, but I also find that in the case of a company like google any kind of pay differential has far less of an
by charrondev 10y ago
I definitely agree that they are not 10x more amazing, but I also find that in the case of a company like google any kind of pay differential has far less of an impact. Employees at google get paid enough, and have such great benefits that they are easily in the top few percentages of the economy. The same can be stated about many tech companies and their employees. Engineer salary and benefits are very comfortable at this particular point in time, because it is very in demand, and requires high levels of skill.
It seems at least from what I've noticed that the companies with the highest differential in terms of rank and file -> CEOs, tend to be the ones with some of the lowest barriers to entry and the lowest skill levels. This is a subject that I would love to see a detailed study on because what "it seems like" is not always the reality of the situation.
I used Walmart precisely because besides being an extreme example, it is one of the largest employers in North America by a good margin.
Edit: forgot a word.
- wpietri 10y agoReasoning from extreme examples is unhelpful when you are asking people to consider the general case.
- deleted 10y ago[deleted]