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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

#161
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.

Why not just go to ADP?

Re: LinkedIn launches Salary to chart what we earn

#162

Hopefully LinkedIn won't ask me for my salary in the future. Cause I definitely don't trust them with my salary info. They'll sell it to everyone - recruiters, other companies...

But that's the whole point and you can turn it to your advantage. Report the salary you want, possibly higher than the one you have and all the recruiters and potential employers will know not to contact you if they cannot pay that much.

Re: LinkedIn launches Salary to chart what we earn

#163

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.

Yet for me it's provided every single job I've ever had except my first straight out of University.

Re: LinkedIn launches Salary to chart what we earn

#164
post #78

Earlier quoted context omitted.

Here is what the _current_ content says: One of the interesting dichotomies with compensation data is that many users want this information, but don’t want to have their individual data exposed or connected back to them. Salary information is personal to each of our members. With this in mind, and consistent with our Members First organizational philosophy, one of the first goals we established when we set out to emb…

Then when someone resubmits new data, how do they know that a previously submitted data point is now stale and shouldn't be used any more?

When you submit data, your current state and history will form some basis for the entry into the salery database. When you update your information, you have a different state and history, and thus will generate a new entry.

Both should be in the data.

Re: LinkedIn launches Salary to chart what we earn

#165

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'm very fond of the growing number of endorsements I've received for Sarcasm and Bubbles. One of my coworkers talked me into playing this game. We look for the most professionally pointless endorsements our contacts have and add to them. So maybe someone ends up 3 endorsements for Econometrics and 18 for Microsoft Powerpoint.

I have several PowerPoint endorsements :)

Re: LinkedIn launches Salary to chart what we earn

#166

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.

I closed mine when it was apparent recruiters were illiterate and couldn't read "Contracts only".

Re: LinkedIn launches Salary to chart what we earn

#167
post #52

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.

+no responsibility +unlimited holidays +no office politics

Re: LinkedIn launches Salary to chart what we earn

#168
post #2

Self reported salaries are just never going to be a good data source. I was hoping since this was LinkedIn and they have tons of resources they'd be doing something different, but they don't seem to have made any progress on the many attempts people make each year to do salary analysis in this way. Anyone have any good ideas for actually gathering accurate salary data?

IT Jobs Watch surveys recruiters for permanent roles data and contractors quotes for rates. http://www.itjobswatch.co.uk/

I have used this site. It seems fairly accurate - does everyone else find this too?

Re: LinkedIn launches Salary to chart what we earn

#169

Hopefully LinkedIn won't ask me for my salary in the future. Cause I definitely don't trust them with my salary info. They'll sell it to everyone - recruiters, other companies...

But that's the whole point and you can turn it to your advantage. Report the salary you want, possibly higher than the one you have and all the recruiters and potential employers will know not to contact you if they cannot pay that much.

I read an article from Lifehacker about being transparent of your salary. Check out what are the benefits.

http://lifehacker.com/this-video-explains-why-you-should-tal...

Adam Ruins Everything - Why You Should Tell Coworkers Your Salary

https://www.youtube.com/watch?v=7xH7eGFuSYI

Re: LinkedIn launches Salary to chart what we earn

#170
post #9

It seems like the areas are really limited. Best I could find for my central Mass location was "Greater Boston Area" which really skews the numbers up (obviously cost of living in Boston is higher)

Yep, I may not be the target demographic (working remotely as software developer, hiring remote software developers for personal projects) but it kind of sucks for remote-first companies (i.e. fully-remote) also, as it requires a location to make comparisons to. The map at the bottom of the landing page would be cool to have as a proper tool (seeing salary-per-title comparisons across the map), but I can't seem to fi…

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