The higher the value of the bait, the less effective it will be in the future.
Imagine I have a huge amount of jobs I need other people to do for me.
Some people will take the job for 100 (per month). They do the job for a while, then realize it’s a shitty job and quit. So I offer 100 again, but the people who would have done it for 100 aren’t willing to do it anymore … so I have to raise it to 200.
Imagine that, of course, there will always be some who stay at 100, but that their number isn’t significant. Worse, I have to raise their pay as well, because otherwise they’d stop doing it when others are getting paid 200.
Some of the formerly quitting 100-bucks-people will come back and new people are found, because 200 are enough to bait them. They will do the jobs for a while, until they realize its a shitty job and quit.
Some stay, of course, but their number is insignificant.
Again you need to raise the bait, because no one’s willing to do the job. I’ve lost many people due to the fact that the job is ■■■■. I’ve lost many people due to the fact that the pay isn’t enough. The pool of potential workers has shrunken.
When the job is ■■■■, I will keep to have raising the bait higher and higher,
with lesser and lesser gains until this scheme collapses under its own weight.