So when a company decides to compensate employees, your belief is that the janitor who has minimal responsibilities and training for that job provides the same value as the one who had to earn a degree for the position, is actively trying to expand the company, which has an added benefit of hiring new employees, among many other factors?

Here’s a real world example. I train people to do the job and meet the standards I require for my company. They start out with no or minimal skills, I provide the knowledge so they can do the work. Should I not be compensated more than them even though I’ve invested my time and money in them? Should they not be compensated more than the brand new hire even though they have more skills and seniority? Or do we all make the same since we all ‘give it our all’?