News for hackers. Stuff that matters.

A comment on The Self-Destruction of the 1 Percent. Parent comment

Re:The Self-Destruction of the 1 Percent by rhizome on Monday October 15, 2012 @03:00AM (#4654036)
When the market raises salaries, it is based on ability.

I don't believe this at all, and in fact for teachers I think salaries and compensation have been effectively lowered with respect to their increased responsibilities over the decades. Put simply, teachers are sandbagged. See also: the fundamental attribution error, where an interesting thought experiment can be had by imagining entire occupations subject to its whims.

http://en.wikipedia.org/wiki/Fundamental_attribution_error http://www.guardian.co.uk/commentisfree/2012/may/06/leveson-...

[ Parent | on HN ]
Re:The Self-Destruction of the 1 Percent by stretchwithme on Monday October 15, 2012 @04:00AM (#4654159)
well, its true. The most capable workers earn more than workers that are barely capable. And as someone's capabilities grow, their salary tends to go up.

And when an employer looks at someone that can do a lot and at someone that can do very little, they want to pay the former more.

[ Parent | on HN ]