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Why these jobs pay less? That is capitalism at work. Tech jobs are now essential to maintain competitive edge and keep the big profits going at companies, and
by quickthrower2 9y ago
Why these jobs pay less? That is capitalism at work.
Tech jobs are now essential to maintain competitive edge and keep the big profits going at companies, and they want to bid up to get good talent. Even small barely surviving companies have to pay good $ to get developers etc. because of the market forces.
OTOH lets take a daycare teacher. They are being paid ultimately from the money average people have left over having worked, paid their tax, mortgage, bills, food etc, given it to another company who has paid their overheads and finally paid the teacher their salary. (Forgetting government subsidies - but still...) There is no way this can be a large amount of money (unless you have 1 teacher to 30 kids, but then there are safety issues).
- eli 9y agoThe market is not a meritocracy.
- quickthrower2 9y agoYes. I hope I didn't imply I like or condone the situation I described. I'm just the messenger.