6 ms·
> Cool, but then you end up with less money overall. Highly debatable, because in the real world you need to do multivariate optimization and most people can't
by virgilp 8y ago
> Cool, but then you end up with less money overall.
Highly debatable, because in the real world you need to do multivariate optimization and most people can't (don't have the skills and/or desire) to be constantly optimizing their salary. Thus, choosing a company that is actively trying to fairly compensate existing employees tends to pay off in the long, on multiple fronts, not just immediate salary.
- ownagefool 8y agoBut you don't really know if the new co is trying to "fairly compensate" you if the old co is now offering significantly more? Did you think your salary was fair when you joined old co? You probably did.
- virgilp 8y ago> You probably did. But I learned that they don't care about that, didn't I? Would it not be stupid to ignore this information? I have a chance higher than 0 at the new co...