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> System/software/hardware engineering is one of the most highly-compensated and least-regulated careers out there Not saying this is the case with most engine
by acituan 5y ago
> System/software/hardware engineering is one of the most highly-compensated and least-regulated careers out there
Not saying this is the case with most engineers today, at least yet, but do you think mistreatment would be OK as long as the compensation is high enough? In other words, can compensation ever be the singular metric of welfare?
Second issue is proportionality. Being compensated well doesn’t mean they are compensated proportionally. This is certainly the case for high tech if you look at per employee profit numbers. Doesn’t mean profit has to be distributed uniformly but it means it is not distributed proportionally for a non-zero number of employees.
You have to understand that a company is by definition organized around its interests, they don’t miss opportunities because managers can’t coordinate every year on how much to change the compensation. But employees by default are not in a state of organization; thus have a 1-to-n relationship to the company. This asymmetry in the degree of organization makes it combinatorially more difficult for employees to represent their interests.