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We get paid not for value, but for replacement cost. Therefore we do not get paid for productivity but for market rates. Obviously having a high value allows t
by maerF0x0 7y ago
We get paid not for value, but for replacement cost.
Therefore we do not get paid for productivity but for market rates. Obviously having a high value allows the company the freedom to pay us more, but all else equal the lower cost employee will should hired
- toomuchtodo 7y agoThen we change labor law. It really is that simple (and how we are currently at a 40 hour work week).
- maerF0x0 7y agoUntil at will employment is undermined it will be hard to enforce. An employer just wont hire/retain <40 hrs & 5 day employees?
- kjaftaedi 7y agoAt-will employment is largely a US concept. The rest of the developed world does not have such things, yet 40 hour work weeks are still commonplace.
- maerF0x0 7y agoTrue, this is an interesting concept. Maybe it's due to human preference, norms, or companies' ability to shift labor? Japan has the salaryman that works much more than 40 hrs iirc.