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Sure. There is no such thing as "unemployment" either. If you're willing to work for $1/month that is. It's about market reality, not about greedy CEOs who try
by pakitan 15y ago
Sure. There is no such thing as "unemployment" either. If you're willing to work for $1/month that is.
It's about market reality, not about greedy CEOs who try to screw the hard working developers.. If the best programmer you can hire is expected to produce $X worth of value, you can't just offer a salary of 2 x $X. How many programmers do you know who can produce something worth $1M+...every year?
- dadkins 15y agoEven though the $1M figure was meant to be rhetorical: http://www.google.com/finance?q=NASDAQ:GOOG&fstype=ii http://www.google.com/finance?q=NASDAQ:GOOG&fstype=ii Google had revenues of $31B with less than 30,000 full time employees over the last year. Programmers there are bringing in over $1M on average. There must be some there that are actually worth it.
- pakitan 15y agoLet's say I own a building which I'm renting for $10M/year and I employ 10 people to service the building. Are these employees "bringing" me $1M on average? Or maybe the main factor is that I own a building, worth millions? Anyway, I know you were not serious about the $1M figure. That wasn't my point either. All I'm saying is that the expected value of your work <= your salary. And sky isn't the limit for that number so employers have to take this into account.