4 ms·

Asking to be paid what you are promised is "greed"?

by dmm 13y ago

001sky 13y ago
Ha ha you should write one liners for [insert special interest here]. The parent is espousing "greed" as a primary means of recruitment. The method of payment my point. People motivated by "greed" is not the type of people one wants in government. Especially If we have to pay them with a form of remuneration is at once both opaque and easily manipulated. In otherwords, if these people (say teachers) are valuable, pay them proper salaries. Don't pay them poor salaries and then promise them a $2 or $5 million dollar pension pot if the "stick around" for 20-30 years. Just pay them fair and square a proper wage from the get-go. The poor pay + gold plated pension thing is just a form of dis-honest pay, where special interests manipulate the system for their own advantage. So, don't negotiate cut-rate payment plans for cut-rate people. Seems simple enough. If you want good people, pay them properly and transparently.
- GVIrish 13y ago
  I'd be all for just paying proper salaries up front. Chances are it would be very politically difficult to lobby for raising salaries for government workers, even if pensions were eliminated but it's a good idea IMO. As I said though, it's not "greedy" of people to choose a job that pays less in the short term because it makes up for it with a deferred benefit. It's no different than getting a smaller salary in return for equity or a lower salary in return for more leave. It's just another thing that goes into the equation when people are evaluating their options.
  - 001sky 13y ago
    I don't disagree with anything as you've stated it here. The word "greed" (typically) goes beyond "rational foresight"to include opportunistic self-enrichment (esp. in the absence of transparency, effective oversight or control). But doing a DCF of a career trajectory vs. a simple Salary comparison is legitimate math any employee, IMHO.

Asking to be paid what you are promised is "greed"?

by dmm 13y ago

Asking to be paid what you are promised is "greed"?

Ha ha you should write one liners for [insert special interest here]. The parent is espousing "greed" as a primary means of recruitment. The method of payment my point. People motivated by "greed" is not the type of people one wants in government. Especially If we have to pay them with a form of remuneration is at once both opaque and easily manipulated. In otherwords, if these people (say teachers) are valuable, pay them proper salaries. Don't pay them poor salaries and then promise them a $2 or $5 million dollar pension pot if the "stick around" for 20-30 years. Just pay them fair and square a proper wage from the get-go. The poor pay + gold plated pension thing is just a form of dis-honest pay, where special interests manipulate the system for their own advantage. So, don't negotiate cut-rate payment plans for cut-rate people. Seems simple enough. If you want good people, pay them properly and transparently.

GVIrish 13y ago
I'd be all for just paying proper salaries up front. Chances are it would be very politically difficult to lobby for raising salaries for government workers, even if pensions were eliminated but it's a good idea IMO. As I said though, it's not "greedy" of people to choose a job that pays less in the short term because it makes up for it with a deferred benefit. It's no different than getting a smaller salary in return for equity or a lower salary in return for more leave. It's just another thing that goes into the equation when people are evaluating their options.
- 001sky 13y ago
  I don't disagree with anything as you've stated it here. The word "greed" (typically) goes beyond "rational foresight"to include opportunistic self-enrichment (esp. in the absence of transparency, effective oversight or control). But doing a DCF of a career trajectory vs. a simple Salary comparison is legitimate math any employee, IMHO.