5 ms·

No, smarter work doesn't either. Increased productivity does not necessarily lead to better pay or advancement.

• WalterBright 4y ago
  > Increased productivity does not necessarily lead to better pay or advancement In a free market, supply&demand set employee compensation at about 85% of the value the employee produces. The reason is simple. If the company overpays, the company goes bust. If the company underpays, his competitor will hire the person away. If you believe you're underpaid, make your case to your employer. If he agrees, good for you. If he doesn't, and you're not convinced, quit and work for his competitor.
  • BazookaMusic 4y ago
    Unless your industry is a monopoly because one company ate all the others and is actively sabotaging new competitors by buying them off before they can grow.
    • WalterBright 4y ago
      > is actively sabotaging new competitors by buying them off before they can grow The thing to do then is keep founding competitors and make a profit selling them to the "monopoly". P.S. buying a company is not "sabotaging" it. LOL