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> If you're paying based on value derived from their work You're not. You're paying based on how much it would cost to find somebody to do the work. You're pay
by jdlshore 5y ago
> If you're paying based on value derived from their work
You're not. You're paying based on how much it would cost to find somebody to do the work. You're paying for time, not value. Profit comes from the difference between the two.
- PaulDavisThe1st 5y agoUnless you only ever hire people for extremely short periods of time, this is absurd on its face. The cost of finding somebody to do with work is always going to be tiny compared to the cost of paying someone to do the work. If their work does not have a value at least as high as what it will cost to pay them to do the work, you're not likely to hire them. If their work does have a value equal to or higher than what you will pay them, you have a reason to hire them. The cost of finding an employee can be significant, but pales compares to the actual cost of paying them.
- jdlshore 5y agoI was unclear. I meant the cost to hire somebody to do the work, including their salary.