Earlier quoted context omitted.
> On the other hand, it also retains poor performers, who you want to steer to finding roles elsewhere If paying people less encourages poor performers to find roles elsewhere, it encourages your high performers to do this even more probably...
It really depends on the organization, its mission, the employee pool, and the local cost of living. Most software engineers are relatively well-paid compared to the wider labor market, even the engineers who are "underpaid". Kahneman's research showed that once you have enough money to pay your bills, making more than that has rapidly diminishing returns for your happiness. It's much more important to fit in - like…
Good Culture Is the Biggest Productivity Hack, Not AI
131–134 of 134 posts
Re: Good Culture Is the Biggest Productivity Hack, Not AI
#132Earlier quoted context omitted.
it's simply not equivalent to web search, I mean, I don't understand how one would come to that conclusion? we can argue about how much more productive you get, but, it's definitely not the same as what we had before
My bad! I thought you were commenting on the article, did not realize you replied to a comment. Sorry!
Re: Good Culture Is the Biggest Productivity Hack, Not AI
#133Earlier quoted context omitted.
It really depends on the organization, its mission, the employee pool, and the local cost of living. Most software engineers are relatively well-paid compared to the wider labor market, even the engineers who are "underpaid". Kahneman's research showed that once you have enough money to pay your bills, making more than that has rapidly diminishing returns for your happiness. It's much more important to fit in - like…
I don't think we actually disagree here. I agree broadly with everything you said. My point was mainly I don't see a reason to support that assumption that if pay pushes out low performers, I don't see a reason why it wouldn't equally push out high performers? This goes on the assumption that lower performers optimise more for pay than higher performers?
Re: Good Culture Is the Biggest Productivity Hack, Not AI
#134Earlier quoted context omitted.
Right. So these are all examples of market forces being irrelevant. This isn't the market showing that culture doesn't matter: when the winner is predetermined, culture or anything else couldn't _possibly_ matter, as long as it is not so critical that getting it wrong kills the company in the most literal sense.
I understand your angle, but I'm coming from a different one: these are the "market forces" that matter today across a wide swath of industry, and, most importantly, the most lucrative industry. Capital beats culture most of the time today, so companies optimize how they use capital.
TFA argues that good culture is important for productivity/efficiency, so any counterpoint would need to come from a game that does say something about efficiency.