TFW you thought you were capital but turns out you're labor
hua.substack.com
We are once again debating remote work and how to accordingly compensate employees. There are two schools of thought here: Value-minus: an employee generates $X of value for the company, and if X does not vary with their physical location, then they should be paid anything up to $X. But importantly, this line of thinking implies that the employee’s salary should be the same if they live in San Francisco as it should be if they live in Tulsa.
TFW you thought you were capital but turns out you're labor
TFW you thought you were capital but turns…
TFW you thought you were capital but turns out you're labor
We are once again debating remote work and how to accordingly compensate employees. There are two schools of thought here: Value-minus: an employee generates $X of value for the company, and if X does not vary with their physical location, then they should be paid anything up to $X. But importantly, this line of thinking implies that the employee’s salary should be the same if they live in San Francisco as it should be if they live in Tulsa.