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tm-infringement | 11 months ago

I've always felt that the moral panic about food perks in Tech was weird. That's not free, it's part of your salary. Sure, you can't buy index funds with Pineapples but at the end of the day it's still remuneration.

The market TC is crazy high, do you add a minor bump in $$$ to attract some candidates that will go to Sweetgreen? Or you add flashy food while taking advantage of economies of scale? Bonus, the very expensive people stay more in the office.

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fullshark|11 months ago

It's because there's a story that a lot of laborers (and capital owners) want to believe, that capitalism is a great meritocracy, and the rewards of it are based on one's moral fiber, instead of purely a function of every individual's leverage effect on the returns on capital/labor.