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This flies in the face of so many HN readers that claim that salaries are based on the value created by the employee.
by Sohcahtoa82 6y ago
This flies in the face of so many HN readers that claim that salaries are based on the value created by the employee.
- phamilton 6y agoValue created is the ceiling, the floor is min(cost of employee's alternative, cost of employer's alternative).
- jedberg 6y ago> so many HN readers that claim that salaries are based on the value created by the employee. That's because those people are sadly wrong. Salaries have never been based on value created. They have always been based on the minimum a company could pay for the talent they desire.