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re: Morgan Stanley CEO to bankers: If you want NYC salary, you need to be in NYC

Posted on 6/16/21 at 7:27 am to
Posted by Centinel
Idaho
Member since Sep 2016
43475 posts
Posted on 6/16/21 at 7:27 am to
quote:

What if I told you that’s great and we get that, good for you. But not every single industry and every single business is like that? Again, if you can do that great. But let’s not act like just because you can EVERYONE can.


I never said everyone can. I responded to the person who made it sound like everyone is replaceable by a young up and comer. And that's simply incorrect.

Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 6/16/21 at 7:50 am to
you and i agree on a lot on this board. but…

it’s my opinion that if you and your coworker are equally skilled and produce equally, yet he works in the office 5 days a week. He should be paid significantly more than you.

And i’d love to buy 5 acres in the middle of nowhere and do my job from home 100%. I’d still argue my coworkers who work in the office 5 days a week make more than me.
Posted by Crowknowsbest
Member since May 2012
25901 posts
Posted on 6/16/21 at 8:29 am to
quote:

I responded to the person who made it sound like everyone is replaceable by a young up and comer.

Eventually everyone will be replaced by someone or something. Companies have a vested interest in making sure they are prepared to plug in new people as efficiently as possible.

Training new hires and acclimating people into any kind of collaborative work culture is a mess when done remotely.
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