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The labor market is not as efficient as your one data point makes you think. At big corporations hundreds of millions are thrown around like paper. All you ne
by one2know 6y ago
The labor market is not as efficient as your one data point makes you think. At big corporations hundreds of millions are thrown around like paper. All you need is a large corporation, some intense groupthink, and some kickbacks and the company is going to be paying $1MM for a remote worker barely better than a recent graduate. With monetary persuasion people are able to make management buy into calling someone who is nothing a purple squirrel critical to the company.
- asdkhadsj 6y agoWhat does that matter to the conversation, though? My point was merely that compensation is merely a variable. As with any variables different companies will value different things. In your example the company has almost no concern for compensation amounts. My reply was to the idea that cost is irrelevant and merely a tool to scam employees out of money. That is ridiculous. As I mentioned, I personally have valued the compensation variable heavily. And I (or rather the group of people I work with) are certainly not some evil masterminds trying to scam employees out of potential earnings.