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Can you point to something that convinced you of this?


I don't have a cite, but I saw a graph in the WSJ decades ago that laid "productivity" and "total worker compensation" on the same graph, and they neatly overlaid each other.

In any case, neglecting the value of employee benefits makes comparing salary to productivity a completely worthless statistic. What needs to be included are the values of:

1. health insurance

2. retirement benefits

3. stock options

4. so-called employer contributions

5. all payroll taxes

6. 401k employer contributions

7. stock purchase plans

8. sick leave

9. vacation

10. severance pay

11. bonuses

12. profit sharing

These can add up to 50% more than the salary.


WSJ is also a very "pro business" paper, they aren't likely to publish anything that supports a pro labor pov


You'll know what you're reading is propaganda if they're comparing salary increases to productivity increases.

Don't overlook that the primary customer of the WSJ is not conservatives, but businessmen who are looking for accurate business information that will help them make money. If the WSJ just delivered pro-business propaganda, that would not serve their customers' needs.

I subscribed to the NYT for a while, and finally gave it up. Their business news was all propaganda, and of little use for things like picking a good company to buy stock in.


> I don't have a cite I wonder why




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