The commentariat has so far failed to mention the well documented, top level collusion between titans of the tech industry to depress worker wages through non-compete agreements.
Isn't this indication that the playing field is far from fair?
Sure, there are overpaid, underdelivering people of older age - but there are also overpaid, underdelivering people of younger age as well. Those who have inside connections or play the political game will often "overperform".
The real issue is whether labor is getting a fair shake in the overall corporate pie.
Focusing on the absolute value received is, frankly, a fool's game because the other side doesn't play it.
Don't get me wrong - the management is far from always predatory. I've gone unpaid for many, many months while my employees have not - in order to get my business on a proper footing.
This doesn't occur in large enterprises though.
Biting the hand that feeds IT
