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It’s something like $300-1000/yr more if we average over all Amazon employees, depending on who counts as “executives”. If the high pay is truly attracting bet
by zeroonetwothree 4y ago
It’s something like $300-1000/yr more if we average over all Amazon employees, depending on who counts as “executives”.
If the high pay is truly attracting better performers (which I admit is unlikely) they could easily be benefiting the company’s workers a larger amount by increasing demand. Or maybe not and they are kinda useless , but in any case the total cost isn’t that high.
- NovemberWhiskey 4y agoThat doesn't pass the sniff test. Amazon allegedly has about 1.6 million employees. Assuming that the "executive" class is a trivially small number of them, and that the average employee works say 2,000 hours per year, you're suggesting that the cost to Amazon of paying those executives is somewhere between $960B and $3.2T per year. The high end of that estimate is about one fifth of the total earned income for the entire U.S. economy.