3 ms·
> Yes, you might discover that a Senior FPA Analyst II earns the same as a Product Marketing Director I, but why does that matter? It’s a coincidence. It’s li
by darkwater 2y ago
> Yes, you might discover that a Senior FPA Analyst II earns the same as a Product Marketing Director I, but why does that matter? It’s a coincidence. It’s like saying with $3.65 I can buy either a grande non-fat latte or a head of organic lettuce. What matters is the fair price of each of those goods in the market — not they that happen to have the same price.
Well, it infuriates me just the same. If a coffee shot costs the same or more that some other food that is healthy and gives you more calories and/or nutrients. And I say this as a coffee lover.
But beside specific examples nitpicking, I understand the gist of it, and I understand the market reasons - you want to attract or retain talent and they/we look at compensations on a market level - but this still doesn't mean it is fair. Unless you believe in fairy tales and invisible hands.
- irjustin 2y ago> but this still doesn't mean it is fair You're trying to change which definition of fair is being used. It's fair in that it's "fair market value" because that's what the market is willing to pay. That's clearly the version the author is using given the example.
- darkwater 2y ago"Fair" has many facets. It can be fairly compensated for the market value of a nominal role but still be unfairly compensated within the company according to the work executed and the "value"[1] created. [1] Value in this context can be not just only monetary value but creating a good working environment, help other to do better their job etc
- irjustin 2y agoI'm not sure what to tell you. That words can have different meanings given the context? And this version of fair is using a specific one that you're unwilling to accept. It seems you wish the author used "market rate" and not "fair". But you're annoyed at the wrong thing because that usage is completely valid. That society has allowed "fair" to mean what the market is willing to pay regardless of its equality to fellow man. Because if that's the case - nothing is fair.
- marcus0x62 2y agoWhat’s the alternative? Some functional skills are rarer than others, some are simply harder to master than others, and some are both. To me it would be unfair to force equal pay for very unequal work.