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> It's not really news that people in high-level, high-paying jobs make the most money. This seems about as useful as saying there's a correlation between ownin
by avmich 4y ago
> It's not really news that people in high-level, high-paying jobs make the most money. This seems about as useful as saying there's a correlation between owning expensive exotic cars and high income. Sure, it's true, but so what?
It looks similar to saying that it's not really news that women make less money than men, so what? The article answers this question by saying that women more often work part-time or make less per hour than men. Why they do that is another matter - but that at least answer the original question. Similarly, that people in high-level jobs make most money explains why they have more money. Why they are in high-level jobs is similarly different question, which, like why women make less per hour than men, could be outside of immediate focus of the article. The article is about pointing to that - perhaps trivial, but maybe still underappreciated - correlation between high position level and compensation.
> That was a lot of solid foundation-building
Author admits that there is not too much research in hierarchical dependencies with income. So at least we have solid foundation (it would perhaps be worse if the foundation would be shaky) and as good as we (author) can have the outcomes.