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> Why is transparency a problem here? > The person doing orders of magnitude more work is probably only getting paid 10% more. You've answered your own questi
by hwbehrens 5y ago
> Why is transparency a problem here?
> The person doing orders of magnitude more work is probably only getting paid 10% more.
You've answered your own question. Transparency is undesirable from an employer's perspective because it encourages a closer alignment between compensation and productivity, and the mismatch between these currently serves as a significant profit advantage to the employer.
If I can get 1000% more work from someone, and pay them 10% or 100% more, I am highly incentivized to prevent them from becoming aware of the value of their efforts, because they might realize their (relative) exploitation.
At the same time, the less-productive worker also benefits from this lack of transparency because they get ~90% of the pay for 10% of the work. Disrupting the status quo would not be economically rational for them either.
Thus, only the small fraction of underpaid, overworked people benefit from increased transparency, and it is not surprising to find that the majority would resist its implementation.
- onlyrealcuzzo 5y ago> Thus, only the small fraction of underpaid, overworked people benefit from increased transparency, and it is not surprising to find that the majority would resist its implementation. According to your own logic, only a much smaller fraction of business get any significant advantage. What entitles business owners to all the benefits of highly productive workers?
- echion 5y ago> What entitles business owners to all the benefits of highly productive workers? This is exactly why many of those workers go on to start their own businesses, to redirect those benefits to themselves.
- avianlyric 5y ago> Thus, only the small fraction of underpaid, overworked people benefit from increased transparency I’m not sure I agree with the basic premise that the majority of people are either paid fairly or overpaid. I suspect the vast majority of people are overworked and underpaid. The lack of real world wage increases, especially when compared to every increasing productivity, strongly suggests that being underpaid is far more likely than being overpaid.