Re:Intel's disruption is now complete
by robocat on Wednesday November 18, 2020 @03:03AM
(#25134222)
Your assumption is that the organisation is a cooperative - the employees get a share of the output of the organisation.
Intel is not a cooperative.
Fungible employees (the majority?) are paid a market clearing price (salary) for their effort. The company can derive much more value from an employee and the employee earns very little of the excess (perhaps bonuses to align working incentives).
Intel is not a cooperative.
Fungible employees (the majority?) are paid a market clearing price (salary) for their effort. The company can derive much more value from an employee and the employee earns very little of the excess (perhaps bonuses to align working incentives).