161–170 of 345 posts
I wonder how many people are going to get fired for their tweets. I see some very famous names severely underpaid, curious if they are going to get a bump in their salary or get fired.
Right? TIL I get paid more than Dan Abramov even considering Facebook RSUs
Contrarian view: salary disclosure destroys value for people with negotiating skills, which are among the most valuable and useful skills of all. Disclosure advantages people who collude to apply political pressure (gang up) instead of appealing to principles or leveraging their skill and the value they bring. There is general social and economic harm to facilitating this behaviour. Disclosure lowers all boats in tha…
Contrarian view: salary disclosure destroys value for people with negotiating skills, which are among the most valuable and useful skills of all. Disclosure advantages people who collude to apply political pressure (gang up) instead of appealing to principles or leveraging their skill and the value they bring. There is general social and economic harm to facilitating this behaviour. Disclosure lowers all boats in tha…
wut. how exactly do you imagine people that don't have union contracts go about doing this?
>Contrarian view: salary disclosure destroys value for people with negotiating skills
and conversely how are you at an advantage in negotiations when you have no price discovery? e.g. i bought this tuna sandwich for $10 and i feel great about it because i have no way of knowing that the sandwich shop next door has the exact same tuna sandwich for $5.
>Disclosure lowers all boats in that it causes mean-reversion in the sample, and reduces opportunity and incentive for people to apply themselves and succeed
what a hot take - "more transparency from the executive class actually hurts the labor class". brilliant.
Earlier quoted context omitted.
Referral bonuses for women and minorities, and especially female minorities, are 5x what they are for white men at my company. They may not say "go discriminate against white men," but they certainly say "we will pay you a lot more to get us somebody who isn't a white man." I'm someone who really likes having diverse engineering teams, but that sort of practice is pretty distasteful and obviously not meritocratic.
This is an excellent example of what I’m talking about. We tell ourselves stories about what’s going on here based on our own biases, not solely on the objective facts. If you want diverse engineering teams but you have a serious pipeline problem where few minority and female engineers apply, what can you do? One answer is to encourage more referrals for those candidates by paying a higher referral bonus. It doesn’t…
I always support disclosing salary information but I found it silly that the original tweet was prefaced with some greater goal of helping minorities or disadvantaged people. The subtext was clearly a flex to show how good developer salaries are in the USA, and by disguising it as doing some social good the tweet came off as distasteful. A person in Nigeria is not being helped by the person in US disclosing their sal…
The shtick about minorities was absurd. If the poster wanted to really inform his audience, all he had to do was link to levels.fyi with several thousand anonymous salary reports and skip the virtue signaling. Weird flex but ok ....
There should be a term "iniquity signaling," for going out of your way to derail a conversation about systematic discrimination to complain about other people "virtue signaling," as if it were the worst problem facing society (or even a problem at all). And why doesn't flag waving and bible thumping ever count as virtue signaling?
Isn't writing a resume and a cover letter for a job application the purest, most self-indulgent form of financially motivated "virtue signaling"? How are you supposed to get a job and pay the rent without doing that?
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It’s really not that bad. I just took a job in NYC at Square making $420k my first year (though stock price increase is already pushing that closer to $500k) and my rent is $4300 for a 2 bedroom in a doorman building in manhattan. It’s expensive, but only about 10% of my gross income. Once you include my wife’s income, it’s even less of a big deal (and she makes under six figures). You might consider CA a hellscape f…
Um is this a realistic salary in NYC
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This was always strange for me, and is a regular drunken debate between my roommates and I. If a company operates in a global market, why should it pay dramatically different salaries in different cities? For example, our London engineers make like 70k to our 140. But we both work on the same product. We both make the company the same amount of money. I've always thought it was just another bit of bullshit capitalist…
> We both make the company the same amount of money. This is a common mistake. Compensation isn’t directly related to the value you produce. The value you produce for the company only sets an upper limit on long-term compensation. Instead, your compensation reflects your opportunity cost of staying with the company. The company seeks to pay you the minimum amount required for you to continue working with them versus…
[1] https://m.signalvnoise.com/how-we-pay-people-at-basecamp/
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Unless your company is blatantly paying women less, which is wrong, then there are more factors involved than simply sex and pay grade. Your second paragraph is completely logically disconnected from your first
It doesn’t have to be blatant or any one person acting in bad faith. That’s the whole meaning of systemic $x-ism. It’s a well known phenomenon that men will apply for a job if they are only 60% qualified but women only apply for jobs for which they are 100% qualified ( https://hbr.org/2014/08/why-women-dont-apply-for-jobs-unless... ). Also women don’t negotiate as hard.
Contrarian view: salary disclosure destroys value for people with negotiating skills, which are among the most valuable and useful skills of all. Disclosure advantages people who collude to apply political pressure (gang up) instead of appealing to principles or leveraging their skill and the value they bring. There is general social and economic harm to facilitating this behaviour. Disclosure lowers all boats in tha…
The world would be a very very shitty place if we had to negotiate for everything on an individual basis. It's much more efficient to find the few people who actually have that skill and let them do it for the group (and we can spend more time actually trying to fucking improve the human species well-being instead of bickering on $$s).
> Disclosure absolves managers of the need to negotiate effectively, which means you get managers who can't negotiate, which is the worst possible outcome for a company, since what is their job again?
uh.. ensuring that their team is productive by handling their well-being issues ?
Contrarian view: salary disclosure destroys value for people with negotiating skills, which are among the most valuable and useful skills of all. Disclosure advantages people who collude to apply political pressure (gang up) instead of appealing to principles or leveraging their skill and the value they bring. There is general social and economic harm to facilitating this behaviour. Disclosure lowers all boats in tha…