4 ms·
Why in God’s name would they raise salaries 5x just because they earn billions of dollars? Do you really think that’s how it should work? I own stock in all th
by matte_black 9y ago
Why in God’s name would they raise salaries 5x just because they earn billions of dollars? Do you really think that’s how it should work?
I own stock in all the FANG companies, I would be beyond pissed if their costs when up 5x or even 2x just because they decided they wanted to overpay employees.
These companies are businesses, they are not a big happy family or a charity. When you work for them, you agree to a price for your services. Go to work, do your thing, and go home. That’s it. An employee does not need to be compensated anymore than what the market is willing to bear, and on average the payout is usually a bit less anyway.