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> How would that work? For the company to make a profit, employees by definition have to produce more value than they consume. Most people aren't primarily mot
by fweespeech 9y ago
> How would that work? For the company to make a profit, employees by definition have to produce more value than they consume.
Most people aren't primarily motivated by money once they are making a full salary as a developer.
PTO, Work/Life Balance, and Geography are more relevant to my life choices than how much I'm paid (to a point, certain areas I've noticed don't pay enough).
https://ycharts.com/companies/GOOG/profit_margin https://ycharts.com/companies/GOOG/profit_margin
Alphabet was running a 13.55% margin for its latest quarter.
https://ycharts.com/companies/WMT/profit_margin https://ycharts.com/companies/WMT/profit_margin
Walmart was at a 2.59% profit margin for its latest quarter.
Which of these companies do you think are providing better PTO, Work/Life Balance, etc.?
The reality is intangibles mean more to developers than another 10% salary bump once they are making $150k.