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If they are actually going to pay less, what's stopping software engineers from switching companies? Someone qualified to work for Apple is probably also qualif
by Longhanks 8y ago
If they are actually going to pay less, what's stopping software engineers from switching companies? Someone qualified to work for Apple is probably also qualified to work for other tech giants, so if it's really Apple's motivation to pay less, why not just apply elsewhere?
- ausbah 8y agoBecause the labor supply has grown larger for all companies? If Apple is able to pay less, I think other tech companies would also be paying less - if we're assuming tech workers are equally qualified to work at all tech giants.
- petermcneeley 8y agoI think they have already done this just using a different approach. https://pando.com/2014/03/22/revealed-apple-and-googles-wage-fixing-cartel-involved-dozens-more-companies-over-one-million-employees/ https://pando.com/2014/03/22/revealed-apple-and-googles-wage... This is economic game theory. Supply and demand dictates profit share. Its also why wages tend to go up after plagues and wars.