this is also the same reason why 'overqualified' is an actual concern. people at the bottom of the totem pole view money as simply a scarce resource -- when it

this is also the same reason why 'overqualified' is an actual concern. people at the bottom of the totem pole view money as simply a scarce resource -- when it becomes somewhat more abundant, you have other things to worry about and it becomes a means to an end of hiring and retaining good, reliable people. one way of doing this is not to substantially underpay someone who's worth a lot more on the open market, because eventually it will bite you in the ass.