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Franklin <member29243_at_dbforums.com> wrote in message news:<3036033.1056419887_at_dbforums.com>...
> In a competitive market, your salary is a direct reflection of your
> market worth, at least acoording to every major macroeconomic theory.
>
> According to the great Britich economist, Adam Smith, in a Liaise faire
> ecomony, the net income of an individual is a direct reflection of
> their value.
>
> If you are underpaid, you change jobs, and if you are overpaid, you
> get laid off.
>
> The TUSC consultants command $450/hr because clients are willing to pay
> that price. If they were percieved to be too expensive, they would hire
> someone else, especially in this market. Nobody forces people to pay
> them big bucks.
>
> Hence, ceteris parabus, I would say that the $180k/yr DBA is definitely
> more qualified than the $30k/yr DBA.
I think you're wrong both if we're talking about salaries in general and also if we're talking especially in IT. Theory is a great thing, but is really problematic to determine value of people based on your salary. High ranking government oficial can be without value as a professional and also as a human being. However, you can be a best teacher, scientist, carpenter, ... in the world and you wouldn't get even a fraction of salary of some sh*thead who is making his paperwork in EU's headquarters. Theory is a great thing, but real world can be different.
If we're talking about IT, the highest hour salary I've ever seen went to consultants from Dellouite && Touche && Tohmatsu && maybe-something-else-will-be-here-in-the-future. They're totally useless and they wouldn't found their own asses even with map and compass. However, they're from succesfull LEADING MULTINATIONAL company and it sounds great when we say that our system got a top classification in security evaluation from this market leader in security consultancy. Maybe people from DTT even realise in future, that Oracle database can have even more default accounts/passwords than SYS, SYSTEM and SCOTT. :-)
I've learned that especially in big enteprises real value is not always something that you've got with big money spend.
P.S. I believe that people who evalute others according to their sallaries have serious mismanagement in their ethics department.
-- Dusan BolekReceived on Tue Jun 24 2003 - 03:38:34 CDT