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> To emphasize the importance of negotiation: several friends of mine told me their bosses said they could have started with nearly double their starting salari
by skummetmaelk 5y ago
> To emphasize the importance of negotiation: several friends of mine told me their bosses said they could have started with nearly double their starting salaries if they had negotiated better, so this aspect makes a huge difference, at least in engineering.
Which clearly means that equal work doesn't pay equally. Surely your colleagues did not do half the work of those who negotiated a higher starting salary? In fact, mandating equal pay for equal work would take care of the negotiation aspect. The tricky part of course is how to measure work accurately.
- jimbob45 5y agoUnless you’re on an assembly line, there is no such thing as “equal work”. Several of my colleagues and I share the same title, yet the women with that title objectively produce less than the men and absolutely deserve less pay (at my company). Is that because of sexism? Or because we judge the individual, not the gender? This seems like a backdoor for Socialism where this backwards logic is used to justify paying everyone the same rate and so people who are massively productive end up subsidizing those who are useless.
- waffleiron 5y ago>people who are massively productive end up subsidizing those who are useless. They already do, you are subsidising owners/shareholders a lot more than you'll ever subsidise your "useless" colleagues.
- maerF0x0 5y agosee also: Taxes / redistribution. Some amount of subsidizing "[economically] useless" people is a matter of society taking care of their lowest. Disabled people, people with IQ < 100, people who took good chances and had bad dice outcomes etc.
- d0gsg0w00f 5y agoYou act like being an investor is like a secret society where everyone is making easy money and the workers are the fools. Investing is a major risk and sometimes fails spectacularly.