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I'm not implying that companies don't bring value by their nature. They absolutely do. I'm also not implying that I could generate this value on my own, though
by roflyear 4y ago
I'm not implying that companies don't bring value by their nature. They absolutely do. I'm also not implying that I could generate this value on my own, though I have before.
I'm just saying, if I have an employee and he makes me $1m a year, I'm going to pay him well - I'll pay that employee what is fair in the context of what value we enable him to generate for us.
That usually means the employee is worth at least 50% of that in compensation, btw.
This is why if you bring a deal to a company as a sales person commissions are around that number (50% of profit).