6 ms·
It is, maybe as a second order force but if Google, Facebook etc can pay Engineers those salaries, it's only because of their already well oiled scalability tha
by franciscop 5y ago
It is, maybe as a second order force but if Google, Facebook etc can pay Engineers those salaries, it's only because of their already well oiled scalability that those Engineers built; if they were selling anything with tiny margins, they could not have a large percentage of their employees have a huge salary. And this is what generates demand, which generates scarcity of talent, which makes both what you say and what I said true.
To understand that scalability (/margin per employee) is true, a good counter example would be: if there was a constrain of McDonnalds employees for some reason and that persisted, the company could not afford to pay them $100k salaries because it just doesn't make that much profit per employee (does not scale).