[Apreche]

Knowing what other people with the same title at current, and similar, employers will definitely improve people’s ability to negotiate. But that’s not the real information employees need. What is really secret is the true value of the labor the employee is producing to the company.

Imagine salaries are completely public. A team of co-workers finds out that they are all being paid $200k each, and are happy with that. But if they only knew that their labor generates $2 million in profits for the company, each. They should be getting paid something like $1.8 or $1.9 million per person. The execs are ripping them off big time.

[lotsofpulp]

> A team of co-workers finds out that they are all being paid $200k each, and are happy with that. But if they only knew that their labor generates $2 million in profits for the company, each. They should be getting paid something like $1.8 or $1.9 million per person. The execs are ripping them off big time.

That is not how pricing works. How much of your budget is spent on food? How much profit does food generate in your life?

Supply and demand curves. If the team or coworkers thinks they can make more than $200k each without their employer, they are free to start their own business and pay themselves $1.9M each.

[yangez]

Let's say at your software company a sales rep brings in $2M in 2022 and demands a $1.8M commission. What do you say?

[Sytten]

You literally described what capitalism is all about: extracting the most value out of what you pay for the labour...