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by camelNotation 3891 days ago
Wages are set by the market, but two major market factors are revenue and how much money senior leadership want to keep in their own pockets. If he is okay making less and his company revenues are high enough to pay these salaries, then it will work indefinitely. The reason it wouldn't normally work is because management would never take a pay cut just to pay their employees more. All they'd do is increase personnel overhead across the board.