401–410 of 785 posts
How common is this question? Over here in Russia asking how much you make is often considered a taboo, or a bad tone. I've never been or heard about this being asked at the interviews.
Salary is very taboo w friends and family. But when interviewing it nearly always comes up.
This. Negotiating a compensation package, in general, is asymmetric information warfare. Having to reveal your salary history you may as well not even negotiate. I know so many women who are constantly bit by this and negotiating in general. Here's an idea: compensation agents who negotiate the compensation package on your behalf. Athletes and actors have them, why not everyone else?
I agree with this: employees are at a huge information disadvantage. However, I think a better (& admittedly more radical) solution to this problem would be to force employers to publicly post anonymized salaries by job title. That way prospective and current employees know exactly how much they ought to be paid. It makes salary negotiation almost trivial. Preventing employers from asking about previous salary does n…
This. Negotiating a compensation package, in general, is asymmetric information warfare. Having to reveal your salary history you may as well not even negotiate. I know so many women who are constantly bit by this and negotiating in general. Here's an idea: compensation agents who negotiate the compensation package on your behalf. Athletes and actors have them, why not everyone else?
I actually went on an interview once in which they asked for my last pay stub as proof of income. I declined and they said they would have to pass on me. A good portion of my previous income was equity. Granted the equity did not pan out but I was making double that in straight income in the job before it. Anyways I doubled down on their attempt at making the information asymmetrical and told them that they have my a…
You should be paid what the company believes you are worth, not as little as they can trick you into accepting.
Earlier quoted context omitted.
I've run into quite a few applications that won't let you continue past the salary history without entering something. Its definitely a dark pattern for job applications
Might be able to get away with an improper input though. 0? 0000000? 999999999999? N/A?
Earlier quoted context omitted.
>Well, they are. Clearly they aren't. Say an engineer can make a company $1 million per year. They are only willing to pay $200k per year in total compensation, but they complain that they can't hire enough engineers. Obviously they aren't paying enough per engineer. >At a certain point, don't you think it's better to share some of that opportunity with smart foreigners? How many Teslas does an American twenty-someth…
> They are only willing to pay $200k per year in total compensation, but they complain that they can't hire enough engineers. Obviously they aren't paying enough per engineer. Engineers are not created from money. You might be able to fill your positions by paying more, but not all of the positions in the entire country. Not without immigration or higher graduation rates. > Companies want to import foreign workers to…
The shortage is a manufactured problem to justify an attempt to depress wages.
>How do you justify that the location of birth should be the main determinant in whether an engineer earns $150k a year or $30k a year?
If we take that to it's logical extreme. No one makes $150k a year. We allow an unlimited number of software engineers in until the average salary drops down to a level where it's not worth it to immigrate here. Maybe that's worth it to you, but if global income equality and globally open borders are your goal, argue for that.
Stop with this false argument about an engineering shortage that doesn't exist.
I love the US and California, the tech scene is amazing and I was lucky to met such talented and friendly people in about every place I worked... from very large tech cos to "garage" startups. Which is why it pains me to see that so many engineers get stuck with such ridiculous salaries (relative to the value and wealth they provide and create). Problem is that some salaries are seemingly high compared to what the av…
I am a developer, so I am all for higher developer salaries, but your posts shows a common misunderstanding about economics. The value someone creates has nothing to do with their salary. Their salary is dictated by how many people need to hire developers and how many developers exist to fill those jobs or in simple terms, supply and demand. I might create millions of dollars in value with my code, but there might be…
Earlier quoted context omitted.
Your answer also shows a common misunderstanding about economics, because it takes too narrow a focus. If there exist jobs that produce $1MM in value but that have a going rate of 200k, then there should be more of those jobs: either the company doing the work should expand, or it should have competitors. This will lead to increased competition to hire, which means higher wages. The increased number of jobs might gen…
>If there exist jobs that produce $1MM in value but that have a going rate of 200k, then there should be more of those jobs: either the company doing the work should expand, or it should have competitors. How could you possibly determine how much value your efforts are producing? How much value are you assigning to the risk the founder and investors are taking? Maybe your $200k job is producing $200k in value. Or eve…
Absolutely 0, because they're not the ones doing the work.
I hate this question. I frequently dodge or outright deny answering it. I won't lie about it, I just say, no you don't get that information. To dodge this question I say the following: "I'm looking for compensation in the range of xxxx to XXXX. This obviously depends on the benefits packages, for an awesome benefits package you may be closer to xxxx, if your benefits are bad then you'll need to be closer to XXXX." If…
I've followed this advice in the past with mixed results. Some companies do a great job of either respecting this or not asking in the first place. When I interviewed at Uber (a little more than a year back), the recruiter was super persistent. I told them "I understand why you're interested, but it's my personal preference at the advice of personal mentors, not to disclose that information. If we both like each othe…
What does "lowest possible offer" even mean? Lowest wage that you can live off? Lowest wage that anybody else in the company makes? Lowest wage that you'll accept?
I hate this question. I frequently dodge or outright deny answering it. I won't lie about it, I just say, no you don't get that information. To dodge this question I say the following: "I'm looking for compensation in the range of xxxx to XXXX. This obviously depends on the benefits packages, for an awesome benefits package you may be closer to xxxx, if your benefits are bad then you'll need to be closer to XXXX." If…
I've followed this advice in the past with mixed results. Some companies do a great job of either respecting this or not asking in the first place. When I interviewed at Uber (a little more than a year back), the recruiter was super persistent. I told them "I understand why you're interested, but it's my personal preference at the advice of personal mentors, not to disclose that information. If we both like each othe…
Earlier quoted context omitted.
They are also wrong since MA still has one of the tech centers in the US... I do agree that banning non-competes would be good.
The Boston area is currently experiencing the largest brain-drain of tech workers in the US: https://www.boston.com/jobs/jobs-news/2016/07/11/boston-home...
However, in the context of the Bay area, consider the following paragraph:
"CBRE’s report notes that over the past five years, the cost of living in Boston has climbed by 118 percent. Even a software developer earning the average salary of $108,270 per year could grow tired of a rent well over $2,000 per month."
The article also cites people returning home and better city experience (bigger city/better climate ?)
Certainly not unimportant issues as is overall tech job growth. But brain drain usually means a net outflow of mature workers.