Ben Ramsey on Nostr: nprofile1q…ypsrp Highly-compensated employees have traditionally been C-suite and ...

nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq9qm2trjs3p32nwqwry4ufxl4fk9q4utkq53ywueg0yk8cvggra5szypsrp (nprofile…psrp) Highly-compensated employees have traditionally been C-suite and upper management individuals. Since engineers are increasingly being classified as such, it’s upsetting the balance, but the salaries kept increasing to be competitive, especially since “supply” of capable talent was so low.

One way to reset this balance is to flood the market with supply through mass layoffs. Now, the talent have to compete, so they’ll take lower salaries.