"Let’s say he’s getting paid $150k to generate $200k of value for 200 hours of work per year. That’s $1,000 of value an hour! Even if I only take up 15 minutes of his time every day, that’s effectively costing the organization $250!" There's some typo here, right? Surely a PhD economist works more than 200 hours per year?
Unpaid internships are good, actually
"Let’s say he’s getting paid $150k to generate $200k of value for 200 hours of work per year. That’s $1,000 of value an hour! Even if I only take up 15 minutes of his time every day, that’s effectively costing the organization $250!" There's some typo here, right? Surely a PhD economist works more than 200 hours per year?