Your example trends a little bit on the extreme end of the spectrum (I totally get your point, so), but the truth is that for a lot of people that is a truly good experience. IMHO companies are abusing this for cheap employee motivation and PR.
Your example trends a little bit on the extreme end of the spectrum (I totally get your point, so), but the truth is that for a lot of people that is a truly good experience. IMHO companies are abusing this for cheap employee motivation and PR.
Would you still care about it if you were paid 3x or would you work for a couple of years and peace out?
At that point, feelings play a pretty important role in getting you to stay.
When the pay is market then the feelings are important. When the pay higher then market, the feelings are not important. That's how finance keeps the talent. That's how Uber got away with what it got away with until it became clear that its employees were not going to become insta-rich after the IPO.
These examples are everywhere.