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"If conversely you capped the salary of computer programmers, we would expect a flood of companies competing with every possible other amenity they were allowed
by trevyn 9y ago
"If conversely you capped the salary of computer programmers, we would expect a flood of companies competing with every possible other amenity they were allowed to offer and managers being very very polite to computer programmers. (In fact this does happen with relatively better computer programmers, which tells us that something is bounding the salaries of top programmers underneath their purely financial equilibrium.)"
- humanrebar 9y agoPart of the cap is business models that weren't designed with higher developer salaries in mind (if there were even fully developed in the first place).
- stult 9y agoIt's only their preferences that are bounding their salaries in those cases. At some point, a polite manager is worth more than X more in compensation. The type of person who becomes a top programmer tends to value being in an environment conducive to being a better programmer, because that's how you get to be among the best. So many naturally tend to value productivity enhancing perks more than comp at the upper end.
- HelloNurse 9y ago>It's only their preferences that are bounding their salaries in those cases. At some point, a polite manager is worth more than X more in compensation. A good boss isn't a benefit that can be awarded or revoked by the company. Sometimes money isn't enough to induce employees to remain in a bad environment or leave a good environment for a bad one, but normally a decent manager is expected and taken for granted, and if salaries are "bounded" below market that employer is dead meat.
- bruxis 9y agoI just want to note the caveat here that an extremely polite boss is by no means guaranteed to be a good boss.
- deleted 9y ago[deleted]