wage equity - how much are jobs really worth ?

I don’t care how someone (legally) got rich. I just want to join them.

originally posted by: chris_stibrany
What about surgeons or medical technicians? They make a lot but we need them

a reply to: rickymouse

Actually, most surgeons and medical technicians make less than people think they do if they work in small hospitals. A real lot of people who have unnecessary jobs make more than them. By the time a doctor gets the bottom line, unless of course they get extra bonuses from pushing vaccines and from prescribing medicines, they really do not make that much. A physician working for a hospital does not have as much expenses and often they get a Salary around here. The Doctors that rake in the money are plastic surgeons or specialists where they are not limited by insurance premiums to take in a reduced amount for their services.

a reply to: ignorant_ape

Here in the US google "Mike Rowe".
The dude's been doing his part to get people into the trades instead of college as an alternative to the opinion a 4yr degree is the only way to get ahead.

www.forbes.com...

ah - the " suply & demand " argument

this is one of the cases - where it is utterly specious

wages based on supply and demand - work for ditch diggers

they do not work when she is the daughter of the bloke that her company is an offshoot from

here is why

now the edited highlights of this case are :

her father owned a sucessful " bricks and motar " book makers business - and ms coates joined the family firm on graduation from uni - with a useful degree . at the time - on-line betting was almost noe existant in the UK - but a mature business model in the USA and japan - ms coates persauaded her father to bankroal the diversity into " online betting " - and use his and his employees expertiese and legal status to assist his daughter - the venture was a sucess - and now its a massive business

now here is the thing - ms coates only " unique asset " - is ger genes - she is her fathers daughter

she simply copied elements of that was happening overseas - modifying them to account for the differences in legislationa and book making practice in different countries

she inovated nothing - bet365.com [ the company ] - has no killer app - its just one of the herd - it didnt invent or do anything special

this is not an attack on ms coates or denigrating her sucess - several other attempts have floundered - hers prospered

thus - i have zero issue with ther £55 million / PA earnings - as a principle shareholder in the company

but " supply and demand " - does NOT address why she gets £277 million salary

there are thousands of people out there who could do her job for less - and would

i am unfortunatly not one of them [ utterly unqualified and incapable ]

so - what does she do to be worth £277 million ????????????

a reply to: Edumakated

True enough.