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Discussion and Debate
Discussion and Debate
Politics
American Politics
Let's look at the Green New Deal being presented in Congress
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<blockquote data-quote="GlabrousDory4" data-source="post: 73673940" data-attributes="member: 415804"><p>H. is making use of information that is not actually available. When one pays the extra $10,000 <em>it is a gamble that it will pay off in longer retention of the employee</em>. But that is not guaranteed. So H. is incorrect in assuming that the $50K salary is the lowest salary considering that it is unlikely he has taken into account the NPV analysis or the time-value of the extra $10K. It might be more valuable to the company to put that extra $10K in an investment and if it outperforms the differential in the retention it would mean paying $50K was actually the <strong>higher cost</strong> to pay.</p><p></p><p>I would think he would present that data considering the usual thoroughness of his analyses.</p></blockquote><p></p>
[QUOTE="GlabrousDory4, post: 73673940, member: 415804"] H. is making use of information that is not actually available. When one pays the extra $10,000 [I]it is a gamble that it will pay off in longer retention of the employee[/I]. But that is not guaranteed. So H. is incorrect in assuming that the $50K salary is the lowest salary considering that it is unlikely he has taken into account the NPV analysis or the time-value of the extra $10K. It might be more valuable to the company to put that extra $10K in an investment and if it outperforms the differential in the retention it would mean paying $50K was actually the [B]higher cost[/B] to pay. I would think he would present that data considering the usual thoroughness of his analyses. [/QUOTE]
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Discussion and Debate
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American Politics
Let's look at the Green New Deal being presented in Congress
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