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This is going to sound very naive and dumb, but are the salaries of most white collar employees even justified on an economic basis? I don't mean morally, I mean are they being overpaid?
So a big 4 audit employee makes about £20 k at first then I think about £40 k after 3 to 4 years. What the hell is there to learn that adds so much value? Are they being paid this much so that they don't make mistakes?
Have I been fortunate to only be around people who are on the better half of the IQ bell curve? Are smart people in short supply?
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>>1104722
https://en.wikipedia.org/wiki/Big_Four_(audit_firms)
Revenue per employee is listed at the top: £40k is about $57k
So yes, they are worth that much. Though you could probably add about 30% to the cost per employee to take into account benefits.
Funny thing, is that when I was an business analyst at Accenture I was billed out at 5-11 times my take home pay which was around $80k. So I was definitely worth it to the company back then.
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>Are smart people in short supply?
extremely
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>>1104722
I would say they're fairly justified. Especially those in engineering or software engineering, mostly because they produce intellectual property which can be profited from (potentially) an unlimited/very high number of times. People who employ blue collar workers can only profit from their employee's work in a 1:1 fashion.
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>tfw you get a good job in audit and lose it within 6 months because you fail a fucking ACA exam
life is suffering
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