News for hackers. Stuff that matters.

A comment on Britain Looks to Address Inequality with Executive Pay Measures. Parent comment

Re:Britain Looks to Address Inequality with Executive Pay Me... by oh_sigh on Wednesday August 30, 2017 @04:02PM (#15135475)
The employees are hired out to do the job. If it really was the case that the average employees talents were so rare, then they would be making much more. See for example deep learning and self driving car company "average" employees
[ Parent | on HN ]
Re:Britain Looks to Address Inequality with Executive Pay Me... by otakucode on Wednesday August 30, 2017 @04:57PM (#15135942)
Are you under the impression that executives are not employees? Or that the "talents" of executives are rare?

And no, the rarity nor value of the employees skills matter, and hasn't for quite awhile now (since at least the 1980s). The view you depict is the 'free market' one, where profit always rapidly decreases to zero based upon rational competition. Tell me, do you see many companies with profit margins rapidly approaching zero?

[ Parent | on HN ]
Re:Britain Looks to Address Inequality with Executive Pay Me... by oh_sigh on Thursday August 31, 2017 @06:15AM (#15139305)
> Tell me, do you see many companies with profit margins rapidly approaching zero?

Many of the companies that were in a field which Amazon entered

[ Parent | on HN ]