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Begrudging the 'Google chef' is taking the effects of market forces that influence the relative pay of chefs and software developers, and trying to apply them b
by andywood 15y ago
Begrudging the 'Google chef' is taking the effects of market forces that influence the relative pay of chefs and software developers, and trying to apply them by sheer assertion to the stock option lottery. The mechanics that influence pay are completely separate from the mechanics that make early employees rich. If a CEO honestly believed that certain workers should not have any chance of getting rich, the consistent thing would be not to offer them options in the first place.
This issue also reeks of the Just-World Fallacy. Individual early employees of wildly successful companies don't get rich because it's fair, even if it sort of works out that way on average. They get rich because someone gave them options, and then the stock skyrocketed. Efforts to explain it in terms of justice are mostly post-hoc rationalization.
- dylangs1030 15y agoRight, and the problem is that everyone wants to be a captain of industry, but no one wants to clean the toilets. So they promise wealth to someone who cleans their particularly promising toilets, but they don't really believe in the worth of that job, otherwise, they'd probably be doing it themselves (I think most programmers would sooner learn a new sector of information technology than give themselves a position as a cook on the side). It becomes "I don't want to do y, I'm much too busy with important x" ----> "Eureka, pay someone for necessary evil y" -------> "Wow, look at all this money, hey wait, my company is selling x, not y!" The fallacy is revealed when it's simplified.