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It's correct. Some people choose status over money. https://robkhenderson.substack.com/p/status-over-money-money-over-status https://robkhenderson.substack.com/
by langitbiru 4y ago
It's correct. Some people choose status over money. https://robkhenderson.substack.com/p/status-over-money-money-over-status https://robkhenderson.substack.com/p/status-over-money-money...
"The solution, then, is to pay the low-status workers a bit more than they are worth to get them to stay. The high-status workers, in contrast, accept lower pay for the benefit of their lofty positions."
The consequence of this is job title inflation.
https://www.economist.com/business/2022/12/08/the-scourge-of-job-title-inflation https://www.economist.com/business/2022/12/08/the-scourge-of...
- tyre 4y agoThat’s not what this article is about.