Re:High Salaries Are Weapons in the AI Talent War
by throwawayjava on Tuesday February 13, 2018 @12:33PM
(#16368930)
That's not how labor-intensive businesses work. Again, The amount a client pays per hour for labor != the takehome pay of the person whose time you're ostensibly being charged for.
Revenue is not profit, and "price per hour for labor" != "hourly rate I pay my laborers". This is even true in owner-operator businesses. Furthermore, in bursty markets, "annual income amortized over career" != "my hourly rate multiplied by 40-60 multiplied by the number of weeks I want to work".
The numbers from my links are INCOME, not "what the business charged the client".
Revenue is not profit, and "price per hour for labor" != "hourly rate I pay my laborers". This is even true in owner-operator businesses. Furthermore, in bursty markets, "annual income amortized over career" != "my hourly rate multiplied by 40-60 multiplied by the number of weeks I want to work".
The numbers from my links are INCOME, not "what the business charged the client".