Hacker News new | ask | show | jobs
by HarryHirsch 3318 days ago
why would you, or I, or any other person creating substantial value for a company, ever in their right mind take a 10% pay cut

Because markets. In sales you learn fairly quickly that price isn't determined by cost or value added but exclusively by what the market will bear. Since US labour has little negotiating power even a programmer will have to buy quiet space.