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by kwisatzh 3614 days ago
+10000 I've always maintained that Wall Street is way fairer to its employees than the Valley. Most investment banks and hedge funds offer great bonuses to their traders/analysts as they should -- they are the ones bringing in money. Relative to the value engineers create for firms like Apple/FB/Google, its easy to see they see peanuts of that value.
1 comments

Sports is another industry where the employees are paid quite fairly relative to the owners. This is often missed when people complain about someone getting paid millions to throw a ball. The alternative is that the owners of the teams make even more.

The other thing to note is that most athletes in America's sports industry are unionised.