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Beautiful point. "very, very, very high-paying jobs" is a relative term. If you want someone with skills and options to go into that specific field then the o
by timwiseman 17y ago
Beautiful point. "very, very, very high-paying jobs" is a relative term. If you want someone with skills and options to go into that specific field then the overall compensation for that field has to be higher than the overall compensation of all other options.
Of course, part of that "overall compensation" does include things which are hard to directly measure such as enjoyment of the job, flexible scheduling, and prestige in addition to traditional ideas of money and benefits.
- eru 17y ago> has to be higher than the overall compensation of all other options. It has to be better than the next best alternative. (Opportunity costs.)