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You usually get paid less than what your labor is worth. That's how a business builds up its savings account, or pays off its debts.
by wildgift 14y ago
You usually get paid less than what your labor is worth. That's how a business builds up its savings account, or pays off its debts.
- tsotha 14y agoNonsense. If that's the going rate for your labor, that's what it's worth. The fact that your employer can use your labor as part of a system that returns more value than the sum of its parts isn't relevant.
- Evbn 14y agoBy that same logic, if government raises the rate, negotiating on your behalf, your labor is worth more.
- tsotha 14y agoAs other have noted we'd all be rich if that were true. No, your labor is still only worth what someone else is willing to pay. Your wages may go up temporarily because it takes time for employers to adjust. In the long run if you can't offer your employer more value than what he's paying you simply won't have a job.