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    The debate seems to go on and on. Your employer pays you for what? How do you explain your salary? Let's examine some often touted rationales employees use to explain their pay.

    Your employer pays you for what you know. Sure they do buddy. You may have heard this one before. This rationale is popular among employees with a pile of credentials and qualifications. Does your employer really pay you for what you know? Yes or no. Yes, we all would like to believe doctors and teachers are paid for what they know. Both professions have reasonably high prestige, but the teaching profession has historically low pay. But you say, doctors

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    ed rationales employees use to explain their pay.

    Your employer pays you for what you know. Sure they do buddy. You may have heard this one before. This rationale is popular among employees with a pile of credentials and qualifications. Does your employer really pay you for what you know? Yes or no. Yes, we all would like to believe doctors and teachers are paid for what they know. Both professions have reasonably high prestige, but the teaching profession has historically low pay. But you say, doctors

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    ve heard this one before. This rationale is popular among employees with a pile of credentials and qualifications. Does your employer really pay you for what you know? Yes or no. Yes, we all would like to believe doctors and teachers are paid for what they know. Both professions have reasonably high prestige, but the teaching profession has historically low pay. But you say, doctors
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    oyer really pay you for what you know? Yes or no. Yes, we all would like to believe doctors and teachers are paid for what they know. Both professions have reasonably high prestige, but the teaching profession has historically low pay. But you say, doctors
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    know. Both professions have reasonably high prestige, but the teaching profession has historically low pay. But you say, doctors spend more time in college than teachers, take greater risks, and solve life threatening problems. That's why doctors are paid more than teachers. Maybe so, if this reasoning is valid then how do you explain athletes and entertainers pay? If the pay according to what you know crowd hinges on education and credentials then how does a kid with 2 years of college go pro and make a killing? While the poor doctor-to-be has six more years of college and residency. Let's move on.

    Your employer pays you for wh

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