By that definition, a business has to always pay someone less than what they're worth in order for hiring them to be a value proposition.
If I'm paid what I'm "worth" why would a business spend any time/effort interviewing and hiring me -- the best that can happen is they will break even through the deal.
It would be like buying a stock you know will flatline at the purchase price for the next 20 years. No monetary loss, but no gain either -- that's almost the definition of opportunity cost.
If I'm paid what I'm "worth" why would a business spend any time/effort interviewing and hiring me -- the best that can happen is they will break even through the deal.
It would be like buying a stock you know will flatline at the purchase price for the next 20 years. No monetary loss, but no gain either -- that's almost the definition of opportunity cost.