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> But the incentives aren't aligned that way, and it's annoying. Not only they are not aligned, they are fundamentally adversarial. - Companies want to pay as
by drivebycomment 6y ago
> But the incentives aren't aligned that way, and it's annoying.
Not only they are not aligned, they are fundamentally adversarial.
- Companies want to pay as little as possible as long as they can get away with it.
- You want to get as much as possible.
- There's no "objective" criteria possible that can judge someone's salary/pay.
So it is fundamentally impossible to get what you're asking for. Fundamentally. Like, no amount of your wish or arguing or effort can make it so. Meritocracy (for a pay) is a lie. It's never been true. Merit does have significant effect - as capable people will tend to get advanced, etc - but it does not and can not guarantee better pay, as merit is only an indirect factor that determines your pay.
That said, https://levels.fyi https://levels.fyi seems decent enough to give you reasonable ranges, if the company you work for and their competitors are there.
- joshuamorton 6y ago> Not only they are not aligned, they are fundamentally adversarial. I disagree. I'm aware that that's the general opinion, but no, this isn't strictly true. A company can be interested in treating its employees well, and being upfront with them about pay is, to many, a comparative advantage (especially if the pay is also competitive). > There's no "objective" criteria possible that can judge someone's salary/pay. Generally correct, but that doesn't mean that it's impossible. As long as you and the company agree on the method of evaluation in advance, it's fine. That is, given: 1. A predetermined (if fuzzy) algorithm for determining pay 2. Transparency on what other people are being paid You have approximately full information. You know the game you're playing, you know the rules, and you can verify that the company is being honest. To some extent this is pushing things down the stack a bit, since the company can lie about performance to favor certain people, but this still limits the effectiveness compared to no transparency. I de-facto have this where I work now (enough people share their salaries that one can reverse the formulas used to calculate compensation). Empowering people to be able to ask why they were only paid $X, when their performance suggests they should have been paid $>X is valuable, and any manager worth their salt should be able to give an answer if there's a legitimate reason.
- drivebycomment 6y ago> I disagree. I'm aware that that's the general opinion, but no, this isn't strictly true. A company can be interested in treating its employees well, and being upfront with them about pay is, to many, a comparative advantage (especially if the pay is also competitive). We'll have to agree to disagree here. And I'm afraid it's not an "opinion" but a fundamental fact due to the structure. I'm not saying companies are not or can not treat their employees well - they absolutely can and do. But a company is interested in treating its employees well as a strategy to be competitive against other competitors when acquiring and retaining talent is more important, and they can only do so while they are competitive. Once that changes for whatever reason, they will have no choice but to stop treating their employees as well. That's just the economic reality. This economic expansion in Silicon Valley lasted so long, and the demand for software engineers have been high enough for long enough, that I've seen young folks like you who have no idea what a true downturn can do, and I'm afraid you are one of those youngsters with a rose-tinted fantasy view of the economic system.
- joshuamorton 6y agoYou can disagree without being patronizing. > Once that changes for whatever reason, they will have no choice but to stop treating their employees as well. Yes, but there is more than one way to do this. For example. Instead of secretly lowering pay for some people, you can do so transparently and explain why it's necessary to furlough or fire or reduce raises or bonuses. It is possible to be transparent even in tough times. And there are companies that have done that. "Economic realities" don't force companies to lie to their employees. That's on leadership and values.