When some workers with different skills are paid the same under the umbrella of an organization, it's shielding them from these market effects.
This concept simply cannot scale to an entire economy.
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When some workers with different skills are paid the same under the umbrella of an organization, it's shielding them from these market effects.
This concept simply cannot scale to an entire economy.
Earlier quoted context omitted.
Or, when you leave a company remember to send a company wide email to your old coworkers telling them how much more you make now : )
Searching any listserv or salary database will get you that information.
And there may not be enough of a tech scene in a city or region to bootstrap such a database easily.(assuming we're concerned specifically with tech/software salaries)
Earlier quoted context omitted.
Searching any listserv or salary database will get you that information.
Not sure that's true. In most of the country/world local employer don't have salaries in a publicly available database. And there may not be enough of a tech scene in a city or region to bootstrap such a database easily.(assuming we're concerned specifically with tech/software salaries)
Earlier quoted context omitted.
Well, maybe. Or it shows that they hired people who were relatively comp insensitive, possibly due to being unable to command higher wages elsewhere. Hard to know.
Isn’t that what was said?
Maybe it's not a bad thing to avoid hiring narcissistic overconfident wannabe rockstar developers :) I'm not saying there aren't awesome developers who are worth their weight in gold. But maybe some shops don't need them. That said, allowing for a single salary per level for junior/senior/.. might be fine too.
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2-5% raises are all I've seen pretty much (which is just cost of living).
I see this sentiment often, but I don't quite understand. Inflation has been at I'm in NYC and our trouble with the subway have highlighted that MTA workers get a standard 6% raise each year as cost of living. But, it's way more than that, and it's actually a salary doubling every 11 years or so, which is not at all in line with overall wage growth - it's huge. Sure, in tech you can jump jobs every 3 years for 20% ju…
Earlier quoted context omitted.
2-5% raises are all I've seen pretty much (which is just cost of living).
I see this sentiment often, but I don't quite understand. Inflation has been at I'm in NYC and our trouble with the subway have highlighted that MTA workers get a standard 6% raise each year as cost of living. But, it's way more than that, and it's actually a salary doubling every 11 years or so, which is not at all in line with overall wage growth - it's huge. Sure, in tech you can jump jobs every 3 years for 20% ju…
Earlier quoted context omitted.
I see this sentiment often, but I don't quite understand. Inflation has been at I'm in NYC and our trouble with the subway have highlighted that MTA workers get a standard 6% raise each year as cost of living. But, it's way more than that, and it's actually a salary doubling every 11 years or so, which is not at all in line with overall wage growth - it's huge. Sure, in tech you can jump jobs every 3 years for 20% ju…
Housing is going up way above the 2% mark.
Earlier quoted context omitted.
I believe grandparent was referring to proactive raises. Reactive counter offer raises typically don't work because the employee's mind has been made up to leave. Compensation is usually only part of why someone decided to leave.
If you pay everyone more that gets expensive quick. Seems like it could be cost effective to give almost rock bottom raises and just replace the people who aren't 100% into it.
I've always found it strange that companies don't give raises to current employees. A team I am on just lost a good engineer to another company offering him a $30k+ raise. He would have stayed if our company had even given him half of that. Instead, they let him go, and how will have to hire someone else, probably at that higher salary. So weird, and seems to happen a lot.
The same thing happens when you've been with a mobile/telecom/etc company for a long time. They milk you for every penny they can get and give all the promo pricing to new customers. The pay sales higher commissions for new sign-ups and treat existing loyal clients like garbage. It really bugs me to have to waste the time to change providers for everything every ~2 years, but I'd feel like an idiot if I left thousand…
There's no way for me to get the same plan at that price if I was a new customer.