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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

#71

Post by komali2 »

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 and city, people who had gone down my path before, mentors, and etc. Then when it was time for job search, LinkedIn and Angel.co had the highest quality postings. Also, on LinkedIn when looking at a job posting I could see if someone from my bootcamp or university worked there, as a link right under the job posting.

Re: LinkedIn launches Salary to chart what we earn

#74

Post by cookiecaper »

Surprised no one has yet mentioned that this is probably an attempt to neuter Glassdoor. LinkedIn makes money by monopolizing recruiter time, taking money for job posts, etc. Glassdoor is a threat to that, and the single unique benefit Glassdoor offers is a salary estimate.

I don't really see this as a fundamental shift in anything, just an attempt to tack on a competitor's featureset.

Re: LinkedIn launches Salary to chart what we earn

#75

Post by thesimpsons1022 »

vostok wrote: post #33
kbart wrote: post #7

Earlier quoted context omitted.

Not necessarily lie. People, that earn less, are likely to be ashamed (even anonymously) of their salary, while big earners are prone to boast on every occasion.

Empirically, we see the opposite happening and compensation data on websites like Glassdoor is actually too low.

to be fair, glassdoor still averages in salaries from 5 years ago into the current salary

Re: LinkedIn launches Salary to chart what we earn

#77

Post by mathattack »

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…

My 2 cents... It's an underutilized resource. They have career data for the highest value people in the world. Yet their technology and interface are woefully dated. The mobile search is awful, and it should be a tool that everyone uses before every meeting. The "You may know X" ability to find new contacts goes down dramatically. It would be beaten by a heuristic that just checks people who work at your current or prior company in the same city.

I do think there's room for a turnaround.

Re: LinkedIn launches Salary to chart what we earn

#78

Post by sgw928 »

mavelikara wrote: post #43
twokul wrote: post #39

Earlier quoted context omitted.

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 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?

Re: LinkedIn launches Salary to chart what we earn

#80

Post by chairmanwow »

deadmik3 wrote: 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)

Yeah. Very few regions available internationally. Couldn't find a single city in China, France, Turkey, Israel etc.
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