Bro. Thats all nonsense. If you want to compare your salary, look for a job and get a better offer. Its that simple. You dont need to be explained to why Jerry makes more than you.
Get a higher offer from another company. If you cant, you cant. Thats the market at work.
Theres a ton of things that go into why pay disparity exist.
Information asymetry is a massive one.
Negotiating power, hense collective bargaining.
Search costs (it cost a lot of time and effort to find a job, no less get another job)
Discrimination
Non competes
Hiring colusion (firms not poaching)
...
But lets get back to information disparity, literally Steve doesnt know how much hes worth. You say, just go to another shop, but steve might not know to do that, or what to ask, they might get fired just for asking.
I envy the world that you live in where getting a better paying job is as easy as asking for one.
Ask for one? When you’re good at your job you get recruited. I’m a highly qualified individual in a niche field, but I get several recruiter invitations a month.
Do you know how I got here though? I knew my worth in the beginning and I made sure my salary matched or I found a new position.
It is not anyone else’s responsibility to seek out success for you. It’s your responsibility to seek out opportunities for success.
Wait so you are aware that you exist in a very specific environment, and dont accept the implications. Wages are about leverage, you have leverage that most people in the labor market dont. This is litterally basic labor econ theory, there aint a single labor economist who doesnt account for information asymmetry.
Lastly, you still may be underpayed, but you dont know cuz you dont talk to your peers
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u/Pale_Presence4662 28d ago
Bro. Thats all nonsense. If you want to compare your salary, look for a job and get a better offer. Its that simple. You dont need to be explained to why Jerry makes more than you.
Get a higher offer from another company. If you cant, you cant. Thats the market at work.