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And this is the crux of the situation. Yes, everyone is better off, but humans still don't like feeling there is injustice. Its like going to a lunch time busi
by gehwartzen 9y ago
And this is the crux of the situation. Yes, everyone is better off, but humans still don't like feeling there is injustice.
Its like going to a lunch time business meeting and there is a slice of pizza waiting for everyone. Great! a free slice of pizza. Next week there is still a slice of pizza for everyone but the senior manager now gets a steak dinner. People naturally get upset and the reason is not just because someone got more than someone else. The food didn't come out of no where but was payed for by extra money the company gained through everyone working harder and smarter (productivity gains). And when everyone asks why they don't get something other than pizza they are told that yes the company did better but it was really only because the work this senior manager put in.
Now people are usually okey with not having exactly equal pay and benefits as long as they generally believe that the extra pay is justified because those higher up are working harder or have more valuable experience. I think when you get to the point that the CEO effectively says he is working 1000X harder/smarter than everyone else there is a problem.
And really maybe the CEO is 1000x smarter and works that much harder, but, at the end of the day, perceptions matter.