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> People are being paid very high salaries to do nothing. I'm patiently waiting for some kind of deep-dive historical monograph to be written in the 2050s. Wh
by BeFlatXIII 4y ago
> People are being paid very high salaries to do nothing.
I'm patiently waiting for some kind of deep-dive historical monograph to be written in the 2050s. What I suspect may have happened is that these companies overhire top talent simply so their competitors can't have them. For the actual work they do, it's massively overpaying. As a strategic investment to prevent said talent from working elsewhere or starting their own business, perhaps it pays off.
- knotofvipers 4y agoI am not sure it is even that rational though. I think it is like brand name vs off brand. I just bought off brand oatmeal that was $1.98 vs the brand name was $3.50. Someone buying the brand name is just operating on an unthinking heuristic that they only buy "the best". I am sure they would justify it after the fact that the brand name taste better even though it is just oatmeal. So many decision points in society run on that heuristic IMO.