> The evidence is an informal thought experiment: if the salary was $100 million for each position, they would have every role filled.
If the salary was $100 million for each position they might fill every position--but could they keep them filled? If I were getting paid $100 million a year a single month's salary after taxes is enough to retire on at well above my current standard of living. I suspect it would be hard to retain people if they have the option to at any time quit and will never need to work again.
What happens after the position is filled doesn’t matter for this argument. The point is that there is a price that will cause somebody to say “this is a good deal for me” and fill the position. If there’s a better deal somewhere else, they’ll go do that instead.
If the salary was $100 million for each position they might fill every position--but could they keep them filled? If I were getting paid $100 million a year a single month's salary after taxes is enough to retire on at well above my current standard of living. I suspect it would be hard to retain people if they have the option to at any time quit and will never need to work again.