Compensation isn’t dependent upon value added. That simply indicates a soft ceiling to compensation. It’s all about supply and demand. If there is a supply of skilled people will to work for $X, that’s the comp.

I wonder how companies marketing their roles at "market rates" does not amount to wage-fixing? If every company agrees that work should cost them $x at most, then you don't really have supply and demand principle. I think this is only legal because because it is hard to prove within current legal framework. I think we should have a regulation that will make employers redistribute 30% of profits among workers as a bonus. That may of course lead to companies making artificial loses (as they do to avoid paying corporation tax) and ultimately a cat and mouse game.

Well, unless companies collude (tech is a good example a while back), they compete for labor so you’d assume they arrive at the market rate eventually.

As you said, mandating they distribute profits will just result in gaming the system.

> Most tech workers should be earning in seven digits

According to which metric?

1 million Taiwan dollars is 30k USD

I think it's more akin to sanctions on doing business in Iran.

The CCP is a direct hostile threat to Taiwan, I can understand why they're doing this.

Wouldn't they do the same if it was France poaching them? The language and cultural barrier make it harder for European or American countries to recruit them, but I have no doubt they'd react similarly if they saw significant numbers leaving for Europe.

They might and I'd argue that would be wrong.

In the case of the CCP though, I understand it.

why the double standard?

France isn’t planning to invade Taiwan.

Then just do a sanction on business with mainland like U.S. did with Iran. As it is, these are very targeted moves. Taiwan to decoupling from China would only be good for them.

The labor market, just like any market, prices goods according to supply and demand, not value.