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Are any salaries correlated with company performance? Salaries are determined by the market price for that labour; meaning if you want to hire Alice to be your
by mjburgess 5y ago
Are any salaries correlated with company performance?
Salaries are determined by the market price for that labour; meaning if you want to hire Alice to be your CEO you are bidding against others who also want Alice. The price is what Alice will take to work for you, and not another company.
That is essentially how all salaries are set. There is no mystery.
The public steadfastly refuse to believe in anything other than a mythological-moral meaning to prices. It is absolutely bizarre. Prices arent set by anyone and have no moral significance. (All this stuff about tech "scalping" given shortages is likewise the same fallacy. )