4 ms·
How do you define "the value they provide the company"? It appears the people working at this company company are providing enough value for the company to be
by jonah 12y ago
How do you define "the value they provide the company"?
It appears the people working at this company company are providing enough value for the company to be able to pay them this amount. If it can sustain revenues, who's to say it has to return its profit to the shareholders rather than to its employees.
[edit] removed duplicate word
- icebraining 12y agoThat raises an interesting question. Assuming the profit levels haven't suddenly risen, if the workers are now producing enough value for the company to be able to pay them this amount now, they presumably already were producing that value. Isn't this an implicit admission that the company was underpaying them before?
- briandear 12y agoPay should always be less than the value an employee provides otherwise there's be no profit.
- icebraining 12y agoSure, but if the raises are portrayed as a question of fairness (rather than simply as a business tool to retain and attract better employees), then implicitly they're saying that the salaries weren't fair before, no?
- deleted 12y ago[deleted]