3 ms·
Megatechcorps pay much more than most employees are "worth" because nearly all employees in a large org are completely replaceable and for any given job holder
by jonahbenton 4y ago
Megatechcorps pay much more than most employees are "worth" because nearly all employees in a large org are completely replaceable and for any given job holder there are 100 or more people who would do a fine job and would take less money for it.
The main reason companies get large is not the work, but the financials. To be able to deploy capital on the scale that any large tech corp deploys it- billions for data centers, manufacturing, compute, etc- requires unified capital management. Single balance sheet, etc.
- sacnoradhq 4y agoDisagree somewhat. A small % of employees in megacorps contribute disproportionate impact, and their income (and bonuses) don't directly reflect this. It's all but assured that underpaid temporary workers contribute massive shareholder value while seeing little-or-no sharing of the spoils. Groups that need to deduplicate costly Cap/OpEx could embark joint ventures. Buy in bulk, standardize, and share resources as much as possible rather than DIY.