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I remember my SO working for a German bank. It was exactly as you describe. She was in a back-office job. She always said she was an overpaid perl script 95% of
by sdoering 6y ago
I remember my SO working for a German bank. It was exactly as you describe. She was in a back-office job. She always said she was an overpaid perl script 95% of the time and interesting work for the rest.
Exploitation is common in many companies. For me this stems from information asymmetry. Employer knows the job market, knows the salary spread, knows all internal salaries. As an employee you do not have these insights and need to trust the employer to be fair.
As we probably all know information asymmetry makes efficient and rational markets to break down.
Not sure what a potential solution would look like.
- Judgmentality 6y ago> Not sure what a potential solution would look like. Make all salaries public by law - you could even anonymize people, although there would be lots of issues with that caveat. I'm not saying this is a good solution (most people don't want to talk about their salaries), but it would solve the problem. It's already the case for government employees.
- H8crilA 6y agoThis is the case in Sweden. Absolutely not impossible.
- sdoering 6y agoI am working as a works council member. I have access to anonymized salary information. Problem is - I can easily deanonymize at least 15 - 25% of all people working at our company. It isn't easy. Also in Germany we have a law in place that allows to query your employer for average salary data in some specific cases (there have to be at least 6 comparable coworkers of the other gender). Bu I agree - I would love for a more transparent approach. Even if this can come with it's own problems.
- WalterBright 6y agoWith google searches there are plenty of sources of information available on the job market.