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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

#141

Post by baddox »

shortstuffsushi wrote: post #96
jklinger410 wrote: post #91

Earlier quoted context omitted.

>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…

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?

I don't have a LinkedIn account, and I would probably reopen one if I heard that they stopped their incessant spam emails. I'm surprised that they haven't been sued to MySpace and back for those email policies, which almost certainly are illegal in the United States. (This based on my experience, which ended 2 or 3 years ago when, after months of failed attempts, I managed to close my account.)

Re: LinkedIn launches Salary to chart what we earn

#142

Post by suyash »

pcurve wrote: post #52
Raphmedia wrote: post #47

Earlier quoted context omitted.

That's why you should lie even to forms when asked for your salary.

Let's just all put down random number between $220,000 - $275,000 as base.

Serious all developers should actually do that. I would say go beyond the $500k ceiling as well. It is us to blame for the low salary we have accepted from employers and then blame it to the companies.

Re: LinkedIn launches Salary to chart what we earn

#144

Post by [deleted] »

komali2 wrote: post #71
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…

Interesting, I am a recruiter turned software engineer and have the exact opposite feeling. When I was a recruiter it was a fantastic way to find niche candidates and just maintain a casual discussion with my best candidates in general, as well as publish relevant news to my connections. As I was undergoing the transformation to engineer, it was a fantastic platform for me to reach out to people in my new industry an…

[deleted]

Re: LinkedIn launches Salary to chart what we earn

#145

Post by [deleted] »

chrisdbaldwin wrote: post #12
patcheudor wrote: post #10

Earlier quoted context omitted.

There are massive incentives to lie about how much you make. It's not hard to imagine this tool will be used by HR compensation experts to determine wage parity. With that in mind, the higher the average, the better positioned you will be to negotiate a higher salary, therefore everyone who reports how much they make is ultimately incentivized to state more than they make in hopes of driving up the wage index for the…

And who is to stop a software company from doing the opposite? If they want lower wages, they could spam a region with fake workers with lower wages.

[deleted]

Re: LinkedIn launches Salary to chart what we earn

#146

Post by duaneb »

ones_and_zeros wrote: post #40
mswen wrote: post #35

Awhile back I reserved the domain developersalarybenchmarks.com HR departments can purchase salary benchmarks from companies like Mercer. Everyone on the developers side would like better benchmarks that are free or nearly free to even the odds when negotiating job offers or raises from current employers. I haven't created a site yet in part because of the self-reporting problems. Will developers trust an unknown sta…

I've thought about this as well. Ultimately you need access to some pretty private data. One thought I've had is to use the mint/intuit APIs to get a list of a persons transactions in their bank account and find the ones that occur every 2 weeks, etc. Or possibly have users upload paystubs, though you'd have to have someway to verify. I'm sure that's possible.

This would cause weird effects, like my canceling my 401k contribution if I want to change jobs to boost my apparent income.

Re: LinkedIn launches Salary to chart what we earn

#147

Post by hocuspocus »

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".

I'd say the exact opposite. No company pays above market average by accident.

Re: LinkedIn launches Salary to chart what we earn

#149

Post by Mz »

hocuspocus wrote: post #147
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".

I'd say the exact opposite. No company pays above market average by accident.

Yeah, sometimes companies understand that paying above market rate increases retention and this has pays all kinds of dividends for the company.

But they have to be fairly on the ball, and many people just aren't.

Re: LinkedIn launches Salary to chart what we earn

#150

Post by wst_ »

baddox wrote: post #141
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?

I don't have a LinkedIn account, and I would probably reopen one if I heard that they stopped their incessant spam emails. I'm surprised that they haven't been sued to MySpace and back for those email policies, which almost certainly are illegal in the United States. (This based on my experience, which ended 2 or 3 years ago when, after months of failed attempts, I managed to close my account.)

Can't you just disable it? I got emails only when someone is sending me a message or invites me.
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