IliveForJuve

Burn this club
Jan 17, 2011
18,932
You mean just being smart or having degrees doesnt entitle you to a great salary?


FYI half the world thinks that way
I never said I wanted a big salary though. But I do have experience doing sophisticated work for multinational companies so I would expect at least a decent salary for a young professional.

I value my work but I'm careful not to overrate it.
 

GordoDeCentral

Diez
Moderator
Apr 14, 2005
70,837
I never said I wanted a big salary though. But I do have experience doing sophisticated work for multinational companies so I would expect at least a decent salary for a young professional.

I value my work but I'm careful not to overrate it.
The only value you work has in a concrete sense is the money it generates, so your salary should allign with that
 

Seven

In bocca al lupo, Fabio.
Jun 25, 2003
39,344
The only value you work has in a concrete sense is the money it generates, so your salary should allign with that

That's a pretty problematic way of looking at things. Also, it's plainly not true.

On the one hand I have cases that make it easy for me to calculate my value. Let's say my client is being sued for 15,000€ and I make it go away, I've just 'made' him 15,000€.

But let's say that same client is now being charged with murder. He didn't do it and after trial he's declared not guilty. How much has my contribution 'made' him? Have I made him the equivalent of 30 yearly wages (30 years in prison is Belgium's max)? Or have I generated nothing at all?

And that's just being a lawyer.

Same shit goes for doctors. How much money does a doctor who performs a life saving, yet pretty standard surgery, generate?
 

GordoDeCentral

Diez
Moderator
Apr 14, 2005
70,837
That's a pretty problematic way of looking at things. Also, it's plainly not true.

On the one hand I have cases that make it easy for me to calculate my value. Let's say my client is being sued for 15,000€ and I make it go away, I've just 'made' him 15,000€.

But let's say that same client is now being charged with murder. He didn't do it and after trial he's declared not guilty. How much has my contribution 'made' him? Have I made him the equivalent of 30 yearly wages (30 years in prison is Belgium's max)? Or have I generated nothing at all?

And that's just being a lawyer.

Same shit goes for doctors. How much money does a doctor who performs a life saving, yet pretty standard surgery, generate?
I have no idea how what i said relates to the above
 

GordoDeCentral

Diez
Moderator
Apr 14, 2005
70,837
You state that the only value your work has in a concrete sense is the money it generates. Furthermore your salary should reflect that concrete value in your opinion.

That statement is something I do not agree with.
I get that part what i don't get is the arguments you present, in the crudest way possible i ran a lemonade stand, 40% of my revenue goes to operations, for you to make 6 figures you've got to squeeze a whole lot of lemonade. Lawyers is even easier a junior lawyer will do the garbage work which is billed into the final fee.
 

Seven

In bocca al lupo, Fabio.
Jun 25, 2003
39,344
I get that part what i don't get is the arguments you present, in the crudest way possible i ran a lemonade stand, 40% of my revenue goes to operations, for you to make 6 figures you've got to squeeze a whole lot of lemonade. Lawyers is even easier a junior lawyer will do the garbage work which is billed into the final fee.

Yes, but a fee isn't money that is being generated. It's what I deem to be the value of my work. Unless of course you'd say that my work is worth whatever the market is willing to pay me.
 

Ocelot

Midnight Marauder
Jul 13, 2013
18,943
But if it's entirely dependent on the market, it's only about demand & supply, not about value creation. There is a relation between the two of course, but it's decidedly not the same.

And not that that is how it works in practice anyways, nor a way that can feasibly work.
 

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