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> You know what those top earners are going to do then? Quit. Maybe, maybe not. The opposite could be true: employees might more likely to quit a company that

by xpe 6y ago

> You know what those top earners are going to do then? Quit. Maybe, maybe not. The opposite could be true: employees might more likely to quit a company that generally pays other employees poorly. There are lots of reasons why this might be the case. Here is one type of scenario where that may be true. Many people recognize that company performance is not a simple linear combination of individual employee performance metrics. Having a well-functioning team is a substantial component of overall company success. With this in mind, it makes sense to work for a company that recognizes value more broadly, and understands that even "top" individual performers exist in a context of "non-top" individual performers. Therefore, if those "top" performers think it through, they will want the "non-top" people to be paid fairly.

Viliam1234 6y ago
> employees might more likely to quit a company that generally pays other employees poorly For me, finding out that my more skilled colleagues make more money than me would be encouraging. It would mean that if I learn more, I could possibly get a raise. The bad news is to find out that the people whom I admire because of their god-like skills actually make the same money as I do. That means that I have most likely already hit the financial ceiling.
- xpe 6y ago
  > god-like skills I recommend that you disabuse yourself of such a comparison. Arthur Clarke is famous for saying "Any sufficiently advanced technology is indistinguishable from magic." As you build your knowledge and skills over time, you may find that others are just as impressed by you as you were by this other person.
- xpe 6y ago
  To be clear, my comment did not say nor imply that better individually-skilled or talented employees would make less money. To elaborate on my comment: I'm suggesting that an employee's full value to the organization should be reflected in their pay. For example, someone with slightly less than average skill in some area (e.g. as indicated by project performance up to this point) may have other strengths.

by xpe 6y ago

Viliam1234 6y ago

> employees might more likely to quit a company that generally pays other employees poorly For me, finding out that my more skilled colleagues make more money than me would be encouraging. It would mean that if I learn more, I could possibly get a raise. The bad news is to find out that the people whom I admire because of their god-like skills actually make the same money as I do. That means that I have most likely already hit the financial ceiling.

xpe 6y ago
> god-like skills I recommend that you disabuse yourself of such a comparison. Arthur Clarke is famous for saying "Any sufficiently advanced technology is indistinguishable from magic." As you build your knowledge and skills over time, you may find that others are just as impressed by you as you were by this other person.
xpe 6y ago
To be clear, my comment did not say nor imply that better individually-skilled or talented employees would make less money. To elaborate on my comment: I'm suggesting that an employee's full value to the organization should be reflected in their pay. For example, someone with slightly less than average skill in some area (e.g. as indicated by project performance up to this point) may have other strengths.