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Find salaries paid at companies using foreign worker data

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Re: Find salaries paid at companies using foreign worker data

#111

Post by vampirechicken »

seanflyon wrote: post #110
vampirechicken wrote: post #109

Earlier quoted context omitted.

I'm not sure that your argument is a false dichotomy, but it smells of logical fallacy to me. Using the pathological case to prove your point rather than a more likely case is disingenuous at best. I'm talking about people trying to make an honest living, and having to deal with nests of vipers while trying get reasonably compensated. If market is 104k, don't offer me 52k salary + 52k bonus, because I have to say I m…

Disproof by counter example is not disingenuous. I pointed out that what vampirechicken wrote was clearly wrong then tried to get at the heart of the issue. I did not say to count each dollar of maximum bonus (or even expected bonus) as the same value as a dollar of salary, in fact I said the opposite. The value of a bonus is the expected value minus the cost of volatility. You correctly point that you should also su…

Since most of the online definitions of bonus that I've found are with my own in that they include the idea of a bonus being above and beyond what is expected compensation, then I'm going to chalk this up to our having differing connotations of bonus.

In my case, a bonus is extra pay, usually tied to performance (individual or corporate), while yours appears to be 'another category of compensation for work done.'

Re: Find salaries paid at companies using foreign worker data

#112

Post by seanflyon »

vampirechicken wrote: post #111
seanflyon wrote: post #110

Earlier quoted context omitted.

Disproof by counter example is not disingenuous. I pointed out that what vampirechicken wrote was clearly wrong then tried to get at the heart of the issue. I did not say to count each dollar of maximum bonus (or even expected bonus) as the same value as a dollar of salary, in fact I said the opposite. The value of a bonus is the expected value minus the cost of volatility. You correctly point that you should also su…

Since most of the online definitions of bonus that I've found are with my own in that they include the idea of a bonus being above and beyond what is expected compensation, then I'm going to chalk this up to our having differing connotations of bonus. In my case, a bonus is extra pay, usually tied to performance (individual or corporate), while yours appears to be 'another category of compensation for work done.'

I think we are using the same definition: an amount of money added to wages on a seasonal basis, especially as a reward for good performance. (definition according to google)

Being "extra" does not make it somehow not compensation.

Re: Find salaries paid at companies using foreign worker data

#113

Post by serge2k »

e12e wrote: post #96
kelukelugames wrote: post #95

Earlier quoted context omitted.

Google famously did it many years ago. Microsoft did it a few years ago. Every engineer got a 10% raise.

Funny, after they'd entered into an agreement to fix the pay across (a substantial part of) the industry?

IIRC Facebook didn't enter the agreement and Google was losing a lot of people.

Makes you wonder how much more we could be making.

Re: Find salaries paid at companies using foreign worker data

#114

Post by vampirechicken »

seanflyon wrote: post #112
vampirechicken wrote: post #111

Earlier quoted context omitted.

Since most of the online definitions of bonus that I've found are with my own in that they include the idea of a bonus being above and beyond what is expected compensation, then I'm going to chalk this up to our having differing connotations of bonus. In my case, a bonus is extra pay, usually tied to performance (individual or corporate), while yours appears to be 'another category of compensation for work done.'

I think we are using the same definition: an amount of money added to wages on a seasonal basis, especially as a reward for good performance. (definition according to google) Being "extra" does not make it somehow not compensation.

But it makes it not salary, and since there is not market rate for bonuses, since they often depend on profitability or percent to yearly sales numbers, the number that truly matters is salary. It's the number that potential employers will ask you for, or offer you and is typically the only individual component of your compensation package.

Re: Find salaries paid at companies using foreign worker data

#115

Post by seanflyon »

vampirechicken wrote: post #114
seanflyon wrote: post #112

Earlier quoted context omitted.

I think we are using the same definition: an amount of money added to wages on a seasonal basis, especially as a reward for good performance. (definition according to google) Being "extra" does not make it somehow not compensation.

But it makes it not salary, and since there is not market rate for bonuses, since they often depend on profitability or percent to yearly sales numbers, the number that truly matters is salary. It's the number that potential employers will ask you for, or offer you and is typically the only individual component of your compensation package.

There is of course a market rate for total compensation much more so that there is more just salary. When companies compete for you, they do so by offering more than just salary. You can tell potential employers whichever number you want. If want to tell them your previous compensation that would be reasonable.

Money is fungible.

Re: Find salaries paid at companies using foreign worker data

#116

Post by vampirechicken »

seanflyon wrote: post #115
vampirechicken wrote: post #114

Earlier quoted context omitted.

But it makes it not salary, and since there is not market rate for bonuses, since they often depend on profitability or percent to yearly sales numbers, the number that truly matters is salary. It's the number that potential employers will ask you for, or offer you and is typically the only individual component of your compensation package.

There is of course a market rate for total compensation much more so that there is more just salary. When companies compete for you, they do so by offering more than just salary. You can tell potential employers whichever number you want. If want to tell them your previous compensation that would be reasonable. Money is fungible.

> Money is fungible Indeed it is. Thanks for the dialog. I've enjoyed it.
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