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I agree that meritocracy is more a talking point than reality on the ground. I just mean, right now there is a disparity in income. Think of it as the income in
by yibg 7y ago
I agree that meritocracy is more a talking point than reality on the ground. I just mean, right now there is a disparity in income. Think of it as the income inequality that's common in many countries. In principle the tech world seems to agree this that setup; that some engineers should be paid significantly more than others.
In my previous experience with unions in North America, incomes tends to be compressed towards the middle. You get rid of the very low and very high income earners. Maybe this is just an implementation problem and isn't inherent to unions, but in practice here, it does seem to be common.
- charlesu 7y agoPay is more of a function of where you work than skill. There are mediocre engineers being paid $300K at FAANG and great engineers being paid $100K at Random Small Company. FAANG pays more because it's better able to monetize what its engineers are building.
- yibg 7y agoThat’s true but the engineering pay at the same company varies a lot too. Probably not 3x for the same level and role but I’ve seen difference of 2x in total compensation for the same title.