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This. In many places of Europe, for example, the salary after taxes and mandatory employer contributions become between 30% and 40% of what the employer disbur
by dsign 2y ago
This.
In many places of Europe, for example, the salary after taxes and mandatory employer contributions become between 30% and 40% of what the employer disburses. The employee is aware that his 20k raise will become more like 6k, and it's in many cases not worth the increase in responsibility, workload or inconvenience. So employee is more likely to seek fulfillment, economical or otherwise, by other means.
But this means that in a few years, people earning 80k per year will be working under the supervision of an AI earning 240k per year. In my sci-fi books, I was leaving that for the 2040s...