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> In "output" you have to include quality (fewer bugs), improved codebase knowledge (bus factors etc), improved team cohesion etc.

yes, this is important: for a senior / expert, knowledge transfer, i.e. showing someone else what to do, often is much slower than "just doing the work by yourself"; but that does not make its value lesser.

If you optimise for productivity today, you might regret it tomorrow.



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