Pay isn’t about “worth” or “value,” it’s about the labor market. Very few of us are paid based on a value calculation. We’re pod based on what the market value

Pay isn’t about “worth” or “value,” it’s about the labor market. Very few of us are paid based on a value calculation. We’re pod based on what the market values our labor and then we either fit or don’t fit into a business model that has some value. So you’re right, but the reason we don’t get 40% raises after a year is because we can’t quit and get a 40% raise to go elsewhere. We know this and our employers know this. Now if the market for programmers were 40% higher then we would just get that to start. Basically employers are overpaying us that first year while we learn stuff because we come up to speed after a while and then finally “earn” our salary.