Wages are not effected by leverage or productivity. Productivity only matters when figuring out how many laborers you should hire. Leverage is just a weird way

Wages are not effected by leverage or productivity. Productivity only matters when figuring out how many laborers you should hire. Leverage is just a weird way of masking the fact that higher paid workers are in low supply and high demand. Leveraging can only exist in instances where supply is low and demand is high! 1) The supply and demand of labor determines wages. 2) The factors that determine where you might lie on the demand curve for labor are: skill level, education, experience, reputation, etc. 3) The higher up the Demand curve, these factors become in shorter supply because it is hard to level up in real life. (MMO reference, sorry.) 4) The higher the demand of skills, experience, reputation, education, etc. >>> the lower the supply of labor will be >>> the higher wages will be.