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The 'hard STEM degrees' and 'brutal interviews' are irrelevant if the industry is functioning: are the people in these roles are able to perform them and are th
by george_morgan 6y ago
The 'hard STEM degrees' and 'brutal interviews' are irrelevant if the industry is functioning: are the people in these roles are able to perform them and are the companies profitable whilst able to pay high salaries.
If they are, there's nothing wrong with this situation.
- bluGill 6y agoUnless you own the company, then the extra pay is coming out of your profits.
- justincormack 6y agoMost businesses like lawyers, finance etc that are largely human based not capital based pay out almost everything to the workers. Often they were structured as partnerships. Even Goldman Sachs was a partnership for a long time until capital requirements increased.
- JanisL 6y agoThis isn't a zero-sum situation, paying the workers more can increase overall profits for a company.