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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

#42
This is never going to be accurate. Titles alone are a poor indicator of ability in software.

E.g. I hold the title of "Senior Software Engineer" despite only have 2 years/4 mo. of experience and very little of that experience is project management or non-code things.

When talking to recruiters in my area for a new position and giving a base salary of $90k, they routinely come back with "You won't get that offer with your level of experience".

In practice, I routinely cut the Senior from my title to avoid expectations I can't meet.

Dice.com has a much better idea behind this, which is tying skills and years of skill to estimated salary. The backend for LinkedIn's site honestly does not look more complex than a few straight-forward SQL queries.

Re: LinkedIn launches Salary to chart what we earn

#43
post #39

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...

I'd suggest you to read https://engineering.linkedin.com/blog/2016/10/bringing-salar... , the section about privacy.

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 embark on this project was to provide powerful salary insights 
  in aggregate without risking an individual’s private information. 
  In the end, we built a salary collection system to provide the 
  strongest protections for the anonymity of all of our members—no 
  easy task. Parts of our approach are detailed later in this article.

  Because we proactively separate a member’s submission data from their 
  Member ID when compensation data is submitted, it enables us to 
  secure the system in such a way that we cannot even support the 
  ability for a member to update their previously submitted salary 
  information - they have to resubmit. Furthermore, our system provides 
  protection not just from hackers out in the wild, but also provides 
  access control against unauthorized use by internal users.
  
If I am reading this correctly, what they seem to say is that as implemented currently, they don't have the ability to track a person's salary information to their profile and hence won't be able to sell that information.

Re: LinkedIn launches Salary to chart what we earn

#44

This is never going to be accurate. Titles alone are a poor indicator of ability in software. E.g. I hold the title of "Senior Software Engineer" despite only have 2 years/4 mo. of experience and very little of that experience is project management or non-code things. When talking to recruiters in my area for a new position and giving a base salary of $90k, they routinely come back with "You won't get that offer with…

you are making a lot of assumptions, read up on accuracy here https://engineering.linkedin.com/blog/2016/10/bringing-salar...

Re: LinkedIn launches Salary to chart what we earn

#45
post #39

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...

I'd suggest you to read https://engineering.linkedin.com/blog/2016/10/bringing-salar... , the section about privacy.

I have. I'm aware I have a strong bias against LinkedIn when it comes to their data-handling. The entire company is built around selling me to recruiters, so I'm very wary about their collection of my employment information.

Edit. For example, I'm not sure if this current policy will continue into the future. It's easy for me to get used to handing them my salary information and for them to change the privacy policy under me.

Re: LinkedIn launches Salary to chart what we earn

#46
post #39

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...

I'd suggest you to read https://engineering.linkedin.com/blog/2016/10/bringing-salar... , the section about privacy.

Yeah, because I trust LinkedIn with privacy.

Re: LinkedIn launches Salary to chart what we earn

#47

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...

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

Re: LinkedIn launches Salary to chart what we earn

#48
post #44

This is never going to be accurate. Titles alone are a poor indicator of ability in software. E.g. I hold the title of "Senior Software Engineer" despite only have 2 years/4 mo. of experience and very little of that experience is project management or non-code things. When talking to recruiters in my area for a new position and giving a base salary of $90k, they routinely come back with "You won't get that offer with…

you are making a lot of assumptions, read up on accuracy here https://engineering.linkedin.com/blog/2016/10/bringing-salar...

There's no details in there about valuation of skills and how that plays into the results.

For other industries where titles are a little more controlled, it may be a fine measuring stick, but people hire in software based on what skills you have and what you've done. Not by title.

Re: LinkedIn launches Salary to chart what we earn

#49
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.

Its an interesting approach but I see trouble convincing a user to give their mint credentials to a site for salary information. Imagine if Glassdoor or LinkedIn asked for this.
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