Do you think you can evaluate the productivity of a group of people by looking at their combined $ output? There is this measure called GDP that does that and it is pretty popular.
But also extremely bad as a measure of wealth generation. The economists who came up with the concept in the first place basically said “by no means should this be used as a measure of wealth generation,” but then we went and did it anyway for lack of an obviously better measure.
As for the relation of salary to productivity, an incompetent CEO who runs their company into the ground (and thus has a negative wealth output) can make orders of magnitude more money than, say, a highly productive academic. Salary is not a good proxy either for the usefulness of the work one produces or the amount of time and effort one spends being productive (the hardest and longest working people in the country are often among the worst paid.)
But also extremely bad as a measure of wealth generation. The economists who came up with the concept in the first place basically said “by no means should this be used as a measure of wealth generation,” but then we went and did it anyway for lack of an obviously better measure.
As for the relation of salary to productivity, an incompetent CEO who runs their company into the ground (and thus has a negative wealth output) can make orders of magnitude more money than, say, a highly productive academic. Salary is not a good proxy either for the usefulness of the work one produces or the amount of time and effort one spends being productive (the hardest and longest working people in the country are often among the worst paid.)