A while back I asked if we can expect the same results from someone we pay $25,000 to, $50,000 to, or $100,000 to. In terms of effort, yes we expect everyone to do their best no matter what their job is.
In terms of results however, we cannot expect the same of each. If everyone produced the same results, what then is the basis for paying people differently? How could a person get ahead based on their performance? And how would the economy work?
We do and should see more marketable value created by people that we pay more to – because that’s why we pay them more.
Isn’t that right?