Business Quote by Wheeler McMillen
“All too much of the wage structure has been based on the time workers put in, rather than upon the product put out. The consumer dollar has no interest in how much time it buys-only in the character and quality of the product itself.”
About This Quote
Work compensation often rewards time spent rather than output quality, ignoring product value.
In simple terms: Pay for time, not product.
Key Takeaway
Advocate for value‑based pay.
Themes
economics
labor
productivity
Mood
critical
analytical
Type
economic
philosophical
When to use this quote
- salary negotiations
- business strategy
- entrepreneurship
- performance reviews
Key Concepts
Compensation theory
value creation
Questions to Reflect On
- How can quality be quantified fairly?
- What incentives align workers with product excellence?
A Different Perspective
Shifting to output‑based pay can be hard to measure.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)