--- title: "Meaning & Key Takeaway of: All too much of the wage structure has…" description: "\"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..." image: "https://sms4smile.com/quotes/i/f35/wheeler-mcmillen-51106_business_all-too-much-of-the-wage-structure-has-b_1474656.jpg" --- # All too much of the wage structure has been based on the… ![“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.” quote by Wheeler McMillen](https://sms4smile.com/quotes/i/f35/wheeler-mcmillen-51106_business_all-too-much-of-the-wage-structure-has-b_1474656.jpg) [Download](https://sms4smile.com/quotes/i/f35/wheeler-mcmillen-51106_business_all-too-much-of-the-wage-structure-has-b_1474656.jpg) [Open image](https://sms4smile.com/quotes/i/f35/wheeler-mcmillen-51106_business_all-too-much-of-the-wage-structure-has-b_1474656.jpg) > “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.” [Wheeler McMillen](https://sms4smile.com/quotes/author/wheeler-mcmillen/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Character](https://sms4smile.com/quotes/about/character/) [Consumer Dollar](https://sms4smile.com/quotes/about/consumer-dollar-3752475/) [Consumers](https://sms4smile.com/quotes/about/consumers/) [Dollar](https://sms4smile.com/quotes/about/dollar/) [Dollar Time](https://sms4smile.com/quotes/about/dollar-time-377531/) [Dollars](https://sms4smile.com/quotes/about/dollars/) [Has beens](https://sms4smile.com/quotes/about/has-beens/) [Interest](https://sms4smile.com/quotes/about/interest/) [Products](https://sms4smile.com/quotes/about/products/) [Quality](https://sms4smile.com/quotes/about/quality/) [Structure](https://sms4smile.com/quotes/about/structure/) [Time](https://sms4smile.com/quotes/about/time/) [Too much](https://sms4smile.com/quotes/about/too-much/) [Wage](https://sms4smile.com/quotes/about/wage/) [Wage Structure](https://sms4smile.com/quotes/about/wage-structure-5360622/) [Workers](https://sms4smile.com/quotes/about/workers/) ## Related quotes > [But no customer is going to buy based on their existing wage structure.](https://sms4smile.com/quotes/david-d-cole/but-no-customer-is-going-to-buy-based-on-their-existing-wage-structure/) [David D. 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I don't want the wage gap issue to be…](https://sms4smile.com/quotes/patricia-arquette/it-concerns-me-when-people-frame-the-conversation-about-equal-pay/) [Patricia Arquette](https://sms4smile.com/quotes/author/patricia-arquette/) > [“hat are the effects of increasing minimum wages?” asks Paul Krugman. “Any Econ 101 student can tell you the answer: The higher wage reduces…](https://sms4smile.com/quotes/don-watkins/hat-are-the-effects-of-increasing-minimum-wages-asks-paul-krugman-any/) [Don Watkins](https://sms4smile.com/quotes/author/don-watkins/) ## More by Wheeler McMillen > [The most fearful phenomenon of these midcentury years is not the atom bomb; atomic energy does have its constructive possibilities… The most fearful event…](https://sms4smile.com/quotes/wheeler-mcmillen/the-most-fearful-phenomenon-of-these-midcentury-years-is-not-the-atom/) [Wheeler McMillen](https://sms4smile.com/quotes/author/wheeler-mcmillen/) > [All genuine progress results from finding new facts. 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