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by petercooper 4606 days ago
Shouldn't you be paying everyone an amount that equally benefits them?

Because that's entirely subjective and can't be calculated objectively.

Person A in SF might be paying $3000/mo in rent but also has top bands, a lot of popular culture, great shops, and so forth at their front door. These things counteract the lack of much disposable income for them.

Person B in Vietnam might pay $200/mo for a house but may also have frequent power cuts, poor access to healthcare, etc.. but the extra money counteracts these negative points for them.

This is one of many reasons Westerners get paid colossal salaries to work in places like Iraq or pockets of the Middle East. Cultural and security issues (in varying measures) are compensated for by a higher income.

1 comments

Of course it can't be calculated objectively.

Only the employee knows the amount that is right for them.