[sanj]

Salaries don't only compensate for performance, they also compensate for responsibility.

Do you want to be the person that loses the company some amount $x, comparable to your yearly salary, when you make a mistake? Or are you willing to lose the company 100($x) for making the wrong decision, be fired for it, and have your entire team looking for jobs?

I tend to think of it as "how much of the buck are you expected to stop?"

(http://en.wikipedia.org/wiki/Buck_passing for non-US HNers)

[yungchin]

Hi, thanks. I completely agree, if you have been given more responsibilities, that should (in theory) imply that you're good at what you do and so your hours are worth more than the average (I didn't just think of performance, but value in every sense). That's something else than just scaling salary with age though, or?