Re:Is software development really a dead-end job after age 3...
by DataWorker on Saturday November 18, 2017 @12:18AM
(#15727865)
That’s an important “or”. It’s not always scarcity, it’s often the perceived value. CEOs are just one of many examples where the pay is not at all because of scarcity.
That might be the reason people demand higher pay, but it wouldn't be the reason why companies pay the higher pay. They pay it because there's a scarcity of people, and/or because they get some multipled value back. No company cares if I've specialized in the 'wrong thing' - they just won't hire me.