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The value you bring to the company is almost irrelevant. It's all supply and demand. Of course if you bring a lot of value that might increase demand for you, e
by lexapro 5y ago
The value you bring to the company is almost irrelevant. It's all supply and demand. Of course if you bring a lot of value that might increase demand for you, especially if few are able to provide that amount of value.
Also, no market is perfect. There are (well-paid) employees that bring zero or even negative value without anyone noticing.
- planet-and-halo 5y agoTheoretically the value you bring should always be higher than what you're paid, since it would be uneconomical to employ you otherwise. That said your second paragraph is absolutely right, there are plenty of failures. In a modern bigcorp I'd be willing to wager that value is created on a bell curve relative to a given salary level (so for example if you take a bunch of people making $60,000 in the same company, some produce no value or negative value, some produce moderate value, some produce extreme value). If I had to guess complexity actually allows the information asymmetries to flourish, so the market is probably extremely distorted and that's why you see the effect.