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It acted to suppress wages across the industry by reducing wage rises on moves. Effectively its negativly skewing the salery distribution for every one - this
by spacecowboy_lon 11y ago
It acted to suppress wages across the industry by reducing wage rises on moves.
Effectively its negativly skewing the salery distribution for every one - this is basic Stats 101.
- WalterBright 11y agoOkay, but was compensation at cartel members actually lower than at other tech companies? And if they were, wouldn't that make cartel members vulnerable to poaching from non-members? I just don't see how a cartel of 4 companies could possibly be effective across the tech industry.
- wcummings 11y agoThe lawsuit is 8 companies, (Adobe, Apple, Google, Intel, Intuit, Pixar, Lucasfilm and eBay) but dozens of others were discussed in emails and memos.
- spacecowboy_lon 11y agoBecause big companies act to set the rate also read up on statistics and how distributions work.