Do you make an amount custom made for just you? I sold insurance, I got 37% on the selll then 15% renewals. Nothing personal about it. When your pay is personal is what I;m talking about. Look at Zeke is he really worth all that $$$, hell no he isn't. And while Dak is good he isn't better than 4/5 better than him who make less.
Dak is a single guy, how can ya justify 40 mill a year? Why does this guy need that kind of $$$$$. THEN....all that endorsement $$$$$$, wow!
And unless your pay is designs especially for you it doesn't effect your biz, since anyone ding that job makes the same.
That is COMPLETELY wrong, at least in skilled labor markets.
While most people start in the same general area, the fact of the matter is, based off performance, two people doing the "same job" with the "same title" could be paid vastly different.
Hell, even for new hires, I have seen situations where the company was willing to pay 20% more than normal to get a specific guy in if he turned down the initial offer. But if an "average" candidate turned down the initial offer, we would not make a counter offer.
Have you ever heard of comp ratio? Let say the average salary for a particular position / title is $100k a year. A comp ratio is a range of pay that could be 20% higher and 20% lower than that average salary. So two people with the same title could be separated by $40k a year in salary difference. The lower employee would be making $80k a year (.80 or 80%) while the top end could be making $120k a year (1.2 or 120%).
Now if you want to talk about performance vs pay in the NFL. OK, cool, I feel ya on that.
But if you are crying because the MARKET for a specific position is too high, I couldn't care less.
Does anyone NEED $40 million a year? I would say no.
Am I upset that Dak makes $40 million a year as an NFL QB?
No. That is what QBs are paid, and well within the comp ration for the position, so good for the young man. And IMO, it he IS worth it.
Is Zeke worth his contract? .... maybe? maybe not?
Is Jaylon worth his contract? LOLz, you are funny if you think so.
All I'm saying is, if McDonalds decided to pay you $40 million a year, would you not take it?
I would hope you would jump at that opportunity. And if you have kids, that is generational wealth that can change everything.
Would I care if you made $40 million a year serving fries in the drive thru? Absolutely not.
The only reason I would care is if they started charging $40 for a Big Mac. In that case, I'll just go to Burger King and I wish you the best on holding onto the big salary.
I try not to worry about what other people are doing / making. I got enough problems of my own to deal with.