tag:blogger.com,1999:blog-4446292666398344382.post2091830537886170088..comments2024-01-24T07:14:43.438-08:00Comments on Machined Learnings: Wages and the Immigration DebatePaul Mineirohttp://www.blogger.com/profile/05439062526157173163noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4446292666398344382.post-38817340679615820632015-02-28T23:10:08.792-08:002015-02-28T23:10:08.792-08:00The economics just don't work for the business...The economics just don't work for the business. The amortized cost of perks is much less than that of salary increases, so as cost of labor threatens to consume all profits (especially in late-stage startups), compensation turns to intangible perks that are harder to value. In the finance industry they just pay cash.Evanhttps://www.blogger.com/profile/03067803657727403662noreply@blogger.com