[amscanne]

You’re acting like the company is assigning value to people and paying them accordingly. That’s not how it works.

Pay is determined by the labor market.

Substitute wizzle for “senior engineer”, and wozzle for “bootcampers” or “marketing”.

Facebook pays $150k for wizzles because that’s what it costs to get good ones. It pays $110k for wozzles because that’s what it costs to get good ones.

People (reasonably) want a specific combination of wizzles and wozzles, for growth, different roles, etc.

At no point does Facebook assign a price for wizzles based on their expected individual contribution. Maybe there are some “market makers” in some industries, but I don’t think it applies in tech.

[jpeg_hero]

Well said, totally agree with the way you phrased it.