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50 sats \ 4 replies \ @Undisciplined 5h \ on: Wage compression econ
I’m most accustomed to this coming up in the context of minimum wage increases.
That’s an artificial compression of the wage distribution and you see the distribution “try” to spread back out as wages rise for the next few rungs on the ladder.
The cause there is that you need a large enough gap between jobs to incentivize workers to work hard enough to earn a promotion.
The cause there is that you need a large enough gap between jobs to incentivize workers to work hard enough to earn a promotion.
Yeah, this is my problem currently. I consider myself more skilled, not even counting that I’ve been with the company for three years, but I am getting paid the same as someone who joined this year, has fewer skills, and whom I consider myself a mentor for, because they seem to struggle without a mentor (I don't want to see them struggle unnecessarily).
I don't see why I should continue to take on more responsibility than them, like reviewing their code and the most critical code, when they don't review my code or the most critical code, since they don't yet have the experience to do so, which leadership even acknowledges.
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That might balance itself out if you receive a bonus or promotion before they do.
A lot of times, though, you just have to ask yourself if the pay is worth it and ignore who’s getting what.
Don’t be shy about advocating for yourself either, though. It’s fine to put yourself forward for recognition.
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A lot of times, though, you just have to ask yourself if the pay is worth it and ignore who’s getting what.
I'd love to do that, and I do feel bad for comparing myself with others, but decisions like this make me lose faith in leadership. It feels like the work I did in the two years prior is not recognized. This is also just one of many areas where I think leadership is failing.
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I know that feeling and it probably comes from having a job you care about, which is good.
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