3 ms·
First, Google employees are amongst the best paid in the entire world. There is a point where giving people a raise becomes counter-productive. Second, this wh
by ur-whale 6y ago
First, Google employees are amongst the best paid in the entire world. There is a point where giving people a raise becomes counter-productive.
Second, this whole "what they deserve" idea is just plain weird to me:
- salaries have strictly nothing to do with "what you deserve": they are a function of supply and demand in the labor market.
- one of the (many) reason Google is making so much money is because they can (because of the business they're in) and *have* automated a huge fraction of their day-to-day operations. So ... if the work is done by robots, what is this "deserve" thing you speak of?
- varispeed 6y ago> First, Google employees are amongst the best paid in the entire world. How is that relevant? Just because they get relatively big salaries, it doesn't mean what they get is just. > one of the (many) reason Google is making so much money is because they can (because of the business they're in) and have automated a huge fraction of their day-to-day operations. So ... if the work is done by robots, what is this "deserve" thing you speak of? There is a lot to unpack here, but I'll just say that this is not relevant, as revenue per employee figure clearly indicates that people are heavily underpaid.
- ur-whale 6y ago> that people are heavily underpaid. If they were, they'd be looking for a job elsewhere. This is how market economies work. This whole "deserve" and "justice as applied to salary" business you seem to insist on reeks of collectivism.
- varispeed 6y agoThese big companies are well beside the market economy. The special rules should apply. I think that these companies don't pay as much as they should because there is no pressure and that should change. Many developers are unaware how they get fleeced and they think their well above average salaries is what everyone else is getting in that space and it is not correlated with the value they produce at all. This is something a regulator should look into. Above certain threshold their pay should be tied to the revenue per employee figure at 15-30% mark.