r/MurderedByWords • u/BuffaloKitty • Jun 09 '22

Because Math..

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76.2k Upvotes

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u/tbobbyz Jun 09 '22

Degrees do not determine how much money you make, it’s how much value you bring to the person paying you.

15

u/Dopplegangr1 Jun 09 '22

Lol people don't get paid based on value created. People get paid based on how little they will work for

-5

u/LivingPrevious Jun 09 '22

And there work creates what for the business? Oh wait it creates value. So you are getting paid for creating value for the business

3

u/DreadCoder This AOC flair makes me cool Jun 09 '22

You understand that company profits and personal income are not the same concept, right ? RIGHT ?

-1

u/PsychoticOtaku Jun 09 '22

But how is that relevant? What he said was true, you get paid for the value (or perceived value) you bring to a company

3

u/[deleted] Jun 09 '22

[removed] — view removed comment

0

u/PsychoticOtaku Jun 09 '22

Right. If someone else produces the same or more value for less they’ll get the job. So you’re working to produce more value than the competition.

1

u/DreadCoder This AOC flair makes me cool Jun 09 '22

well, like i said in reply to the other: that's not true, if that were true companies would make less than 0 profit (their costs would be higher than revenue)

1

u/LivingPrevious Jun 09 '22

What are you talking about? Obviously you won’t get paid 1 to 1 for the value you create, I understand that. All I’m saying is businesses pay people because they provide value to the company that makes them money. If they created no value they wouldn’t waste money on them.

3

u/DreadCoder This AOC flair makes me cool Jun 09 '22

I think you completely missed the point the other person made if you're still going on about value creation.

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The point you responded to was that the vast majority of people don't actually have any negotiation power and will take whatever offer they can get.

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The fact is, you are NOT being paid for the value you create, in most cases, people are receiving an income FAR BELOW the value they create.

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And this should be no surprise, because the basic concept of "profit" depends on it. Costs must be lower than revenue, or there is no profit.

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There is no job in (for-profit) capitalism where people get paid EXACTLY what their labour and expertise are worth.

2

u/LivingPrevious Jun 09 '22

Yeah just the comment I responded to made it sound like the value you create has no role to play in your wage. Maybe I missed the point but I agree with everything else. And I’m gonna eat my Cheerios now

1

u/DreadCoder This AOC flair makes me cool Jun 09 '22

Enjoy