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It's moreso just a logical conclusion. It's possible that a company could pay this much. But likely they could pay half this amount and still get same talent.
by adam_arthur 5y ago
It's moreso just a logical conclusion.
It's possible that a company could pay this much. But likely they could pay half this amount and still get same talent.
In a free market with logical players, makes 0 sense to pay 3-4x the highest competitor in wages, when you could pay 25-50% more and get the same talent.
Of course that's just the theory. Companies can pay whatever they want in reality.
- varelse 5y agoRaising the ceiling on compensation for exceptional talent seems like good business strategy to me. This is a great time to understand technology as we become a science-hating culture completely addicted to science and technology to survive. Milk it for all it's worth no matter what your skill level. If your boss can afford to buy bottled farts from reality stars and Bored Ape NFTs they can afford to pay you more.