HN user
No I don't believe in any of that. I believe the only way to determine what someone should be paid is to keep offering money until someone you think is good enough takes the job, or it until it stops being worth offering the job at that level.
Anything else is artificial and causes more pain than good. And that's despite it being nobody's business how much I get paid or how much my company choses to pay me.
I think it's brilliantly fair. You get what you can negotiate for. Seems like a perfect way to do things to me.
Yeah but your headline was 'lowest quarter' as if that said it all.
It's like those people who say it's a scandal that half the population earn below the average wage.
Why would you expect someone who earns below average to be able to afford an average apartment? Do you know what average means and how averages work?
Why is that fair? They don't have the same education (in general), they aren't doing the same job, they don't contribute the same value, etc etc etc.
'Lowest quarter' is a huge range. I don't think it's scandalous that Facebook pays it's lowest skilled workers in the lowest quarter of wages.
If I looked at actual pay and actual expenses I might agree, but lowest quarter isn't a good argument to make.