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LinkedIn launches Salary to chart what we earn

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Re: LinkedIn launches Salary to chart what we earn

#111

Post by ryandrake »

mathattack wrote: post #77
KiwiCoder wrote: post #29

I believe LinkedIn may have already reached its maximum potential and is on a downward trend. Of course I'm speaking only from personal experience, but as both candidate and hiring manager LinkedIn holds next to no value for me. I see it as a commons that has been largely ruined by recruiting agents who are incentivised by their employers to maximise candidate throughput at everyone else's expense. There is some resi…

My 2 cents... It's an underutilized resource. They have career data for the highest value people in the world. Yet their technology and interface are woefully dated. The mobile search is awful, and it should be a tool that everyone uses before every meeting. The "You may know X" ability to find new contacts goes down dramatically. It would be beaten by a heuristic that just checks people who work at your current or p…

The thing that most turns me off from LinkedIn is that it leaks your browsing information to the users you are browsing, through their "who viewed my profile" feature. If I want to just brush up on a contact's background before a meeting without announcing to him that I'm stalking him, I need to log out and re-browse. Major pain in the butt.

Re: LinkedIn launches Salary to chart what we earn

#112

Post by kohanz »

jklinger410 wrote: post #104
shortstuffsushi wrote: post #96

Earlier quoted context omitted.

Not to say it won't happen, but which fresh set of users would Microsoft bring? Who do you know that isn't on LinkedIn (registered, if not actively using)? And of those people, what features do you think would make them want to start using LinkedIn?

1. Mash Linkedin and Skype and create a Slack/Facebook For Business Competitor. 2. Integrate that with Office 360 for Business. 3. Create a much more appealing Resume/CV that either integrates well with hiring tools or competes directly with them (monster, indeed, so-on) by creating your own backend for recruiting. 4. Make it very simple to migrate your MS Live/Outlook/Skype profile to a Linkedin profile (or do it au…

Isn't (3) what they've been trying to accomplish for years? I believe what you see now in LinkedIn is their best effort at tackling that problem (and I'm not impressed).

Re: LinkedIn launches Salary to chart what we earn

#113

Post by loeg »

> Lest you think you can get away with putting in a random number if you want to visit the Salary pages but don’t want to give up your information (or pay up for Premium membership), think again. Shapero said that there are machine learning tools in place to detect when you’ve put in an “off” figure.

This seems pretty flawed. You can still put in a random number in some band, skewing the data (probably) upwards.

Re: LinkedIn launches Salary to chart what we earn

#114

Post by ryandrake »

vostok wrote: post #33
kbart wrote: post #7

Earlier quoted context omitted.

Not necessarily lie. People, that earn less, are likely to be ashamed (even anonymously) of their salary, while big earners are prone to boast on every occasion.

Empirically, we see the opposite happening and compensation data on websites like Glassdoor is actually too low.

How do you know that the data on Glassdoor is too low? What is your source of truth? Anecdote? Glassdoor currently reports the average base salary for the job title "Senior Software Engineer" in SF Bay Area to be ~$130K which sounds about right to me, again, with nothing but anecdotal truth reference.

If you go by what people say on HN, then of course everyone in software makes $300K a year and has millions in stock options (and gets 5 job offers in their inbox a week).

Re: LinkedIn launches Salary to chart what we earn

#115

Post by jklinger410 »

kohanz wrote: post #112
jklinger410 wrote: post #104

Earlier quoted context omitted.

1. Mash Linkedin and Skype and create a Slack/Facebook For Business Competitor. 2. Integrate that with Office 360 for Business. 3. Create a much more appealing Resume/CV that either integrates well with hiring tools or competes directly with them (monster, indeed, so-on) by creating your own backend for recruiting. 4. Make it very simple to migrate your MS Live/Outlook/Skype profile to a Linkedin profile (or do it au…

Isn't (3) what they've been trying to accomplish for years? I believe what you see now in LinkedIn is their best effort at tackling that problem (and I'm not impressed).

Yeah, it is. I guess it's a bit of an assumption of mine that MS would be able to do a better job of it than Linkedin.

Re: LinkedIn launches Salary to chart what we earn

#116

Post by steven777400 »

Fifer82 wrote: post #61

Completely unproven, but all I see this doing, is driving down wages. No one will say "I think we are not paying enough, looking at this average". It will be "We are paying far too much, lets bring ourselves inline".

One counterpoint. We (hiring managers and team leads) complained up the chain for a while that we couldn't hire or retain skilled developers. The state Dept. of Personnel did an industry salary survey, using tools like this, and concluded that developers working for our state were significantly underpaid and recommended a salary increase, which apparently is now being debated by Governor and Office of Financial Management.

So these kinds of reports are useful for supporting our answers to questions like "Why do you say none of the applicants for this developer position are qualified" when we answer "because you'll only offer $50k/year".

Now as for whether that will actually play out and result in salary increases remains to be seen.

Re: LinkedIn launches Salary to chart what we earn

#117

Post by ryandrake »

usaphp wrote: post #51

I still don't understand what people are using LinkedIn for.

I've never actually found a job through LinkedIn, but I appreciate that it COULD be a good way to do so. It's got the potential. I think it just needs a few product changes and a whole lot more credibility with respect to customer privacy, and it could be a really great platform.

Unlike most of HN, I actually appreciate recruiters reaching out and I try to get back to each of them, if only to just understand what's out there, what possibilities I may be overlooking.

Re: LinkedIn launches Salary to chart what we earn

#118

Post by clifanatic »

ghurtado wrote: post #106
clifanatic wrote: post #18

Earlier quoted context omitted.

Well, if everybody else thinks that programmers make $200K/year, there's a chance that somebody might consider paying $200K/year. That seems like an incentive to me.

Maybe, but you would need massive collusion with millions of developers that you have never met in order to pull this stunt. I don't think that sounds very plausible.

Well, we have you and we have me - who else is on board?

Re: LinkedIn launches Salary to chart what we earn

#119

Post by ryandrake »

jklinger410 wrote: post #91
KiwiCoder wrote: post #29

I believe LinkedIn may have already reached its maximum potential and is on a downward trend. Of course I'm speaking only from personal experience, but as both candidate and hiring manager LinkedIn holds next to no value for me. I see it as a commons that has been largely ruined by recruiting agents who are incentivised by their employers to maximise candidate throughput at everyone else's expense. There is some resi…

>I believe LinkedIn may have already reached its maximum potential and is on a downward trend. I think almost the exact opposite. Linkedin is still missing many features that could turn it into a bit of a game changer for business. Maybe as a recruiting tool it's currently trash. I can get behind that. But if Microsoft manages to bring in a fresh set of users with some new features it could expand into something actu…

Given all the data they have, it SHOULD be the job site to end all job sites.

Re: LinkedIn launches Salary to chart what we earn

#120

Post by up_and_up »

KiwiCoder wrote: post #29

I believe LinkedIn may have already reached its maximum potential and is on a downward trend. Of course I'm speaking only from personal experience, but as both candidate and hiring manager LinkedIn holds next to no value for me. I see it as a commons that has been largely ruined by recruiting agents who are incentivised by their employers to maximise candidate throughput at everyone else's expense. There is some resi…

> I believe LinkedIn may have already reached its maximum potential and is on a downward trend.

Hence why I closed my account a year ago. As an engineer it provides me with nothing but recruiter spam.

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