Earlier quoted context omitted.
You’re thinking of the actual budget for a position not what a company could in theory budget. A small businesses owner who pays themselves whatever is left over after expenses doesn’t care about what other companies pay, the company only has so much money. Apple could increase salaries up to the point where they make zero profit, but the goal is profit maximization not salary maximization. It’s fundamentally the att…
Small business owners aren't the target market and are likely to not use such a product. Hiring well is hard - it's not super obvious if you aren't paying enough or your company isn't desirable or what else is the cause of not seeing good candidates. While in theory you could solve that by wildly overpaying, in practice you have to be able to justify your decision to higher ups in most cases, and pointing to a tool t…
What you just described is speeding up a process not increasing wages.
If a company simply isn’t offering enough money they aren’t going to get the workers they want. Which then forces the company to either go without or increase their compensation, just like how every other market works.
> your company isn't desirable or what else is the cause
The clearest example of this principle is companies eventually learn they need to pay the asshole tax. Market research may suggest X is a reasonable number, but they simply don’t get enough people without paying appropriately.
> will drive salaries higher
It will drive some offers higher and get workers sooner, but an offer not accepted is a salary that doesn’t exist.