| HappySqurriel said: People get paid based on the relationship between how rare a skillset is and how many people are willing to pay for the products produced from that skillset ... Effort comes into play with this because (from a very young age) we all know which skillsets are worth more than other skillsets, the skillsets that are difficult to obtain retain their value over a long period of time, and people who put in the effort to develop these valueble skills get rewarded with a job that pays well. |
Are you arguing that what you say is 100% true? Then why for example are executives, higher level professors, presidents etc on average taller than the people under them? Does being taller make them more skilled?
The worlds leading expert on carburetors doesn't get paid much nowadays since fuel injection came out. So obviously the skillset must also be relevant and in demand?
There are many unattractive but otherwise brilliant singers which don't get recording contracts.
Why do average students from Harvard/Yale get paid better than brillant students from lesser known universities?
An executive is unlikely to be as skilled as a doctorate wielding engineering working for the company, and yet gets paid far more. Furthermore they may be paid more because their effects on their company are greater overall, but why does their seem to be an inverse relationship between paying executives still greater amounts and the performance overall of companies?
Tease.
