>hidden mechanisms that keep pay below market value There is also non-cash compensation that doesn't get reported in "average" salary. For example, my telecom

>hidden mechanisms that keep pay below market value There is also non-cash compensation that doesn't get reported in "average" salary. For example, my telecom engineer friend in Germany has a benefit of having a car leased for him by the company. The level of the car depends on the position, so he has 3-series (only German cars can be leased, of course). The reason for this it's more profitable for the company tax-wise to lease cars for employees than to pay same amount in cash.