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> While I agree if the 10x is making 120 and it moves to 150 that is good for everyone. But what if there is a 10x who actually makes 200. Would you ask them to
by Seenso 7y ago
> While I agree if the 10x is making 120 and it moves to 150 that is good for everyone. But what if there is a 10x who actually makes 200. Would you ask them to take a pay cut so everyone is on that same 150?
I think that one key aspect of your comment is that you're taking about a 10x. Which can be generalized into a question: should a solution be rejected if it leaves a well-off minority less well-off than they are now, regardless of how much good it may do otherwise?
I, personally, think the answer to that general question is no. That answer may be hard to swallow if you're part of that well-off minority, but I don't think that changes the truth of the matter.
However, that doesn't mean that a union would or should force that guy to take a pay cut.
> I feel people will always want more money for performing better, or get incentivised to perform at the exact right level of that compensation and not more. I am curious what other people think on this.
I feel that people will always want more money regardless. I also feel that compensation is actually a poor motivator for performance. I think the real motivators for performance are internal factors (such as a desire to improve oneself, to avoid annoyance with badly made things, or to be challenged rather than bored).
Personally, I think once you make enough money, the extra compensation is more a form of recognition than anything else. Recognition doesn't have to be in the form of money, it's just that a souless corporation only cares about money, so money is the only way you can extract recognition from it.
- Bedon292 7y agoGenerally I think I agree. The well-off minority should not hold back changes for the betterment of the majority. I just wonder how that gets executed cleanly. And you are right, compensation is definitely a form of recognition, and perhaps there are better ways to do it. Just not sure how you bestow that recognition in some reasonable way. So what other form of recognition conveys your actual value to a company? What else can be done here?