Comment on How Long It Takes the Largest Companies in America to Make One Employee's Average Annual Salary

Rentlar@lemmy.ca ⁨1⁩ ⁨year⁩ ago

• Eranziel@lemmy.world ⁨1⁩ ⁨year⁩ ago

  That’s fine? Payroll is an expense, it does come out of revenue. Profit is what’s left over after they pay everyone else.

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  • Rentlar@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    Please see my reply to the other commenter, my issue is with “making money” being conflated with revenue.

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• lemmy_get_my_coat@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I don’t think it says profit anywhere? It says 2022 revenue in the legend for the companies, and the annual personal salary is revenue too because it needs to be spent on living expenses.

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  • Rentlar@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    Conflating “to make money” with “revenue” instead of profit is the iffy part for me…

    At the risk of entering pedant territory, the idea of “making” the money is by doing something that would cause a person to pay more than before. If acquiring the “before” and the act of adding value incur costs, then to me, the “money made” is the revenue less those costs.

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