You have your wish, mostly. Prices are bid up on jobs that are a) valuable to the company and b) hard to obtain. Its not always culture at work; sometimes in the market, and that example (admin vs engineer) is a perfect illustration of the wage/value proposition.
Price-fixing is just a derogatory word for 'the market', isn't it?
No, price fixing is when a group or institution colludes to set a price above or below it's useful value in order to extract money from those outside the group.
Price-fixing is just a derogatory word for 'the market', isn't it?