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This is like GM's vision of how much you should pay for a Saturn vehicle: everyone ends up paying the same amount for the same model and options. That's a good
by biot 15y ago
This is like GM's vision of how much you should pay for a Saturn vehicle: everyone ends up paying the same amount for the same model and options. That's a good, fair system if the amount is competetive but I wonder if others adopting this salary model don't end up like Saturn's pricing -- the biggest beneficiary of menu pricing is the company.
- lemming 15y agoI don't think that's true. What I think is most important about this is that it tries, at least, to be transparent and fair. In my current company I've been exposed for the first time to how salaries are chosen, and in many cases it's almost totally arbitrary, or worse. It's certainly based far less than I would like (and far less than I expected) on the person's ability to do their job. The biggest beneficiary of a system as proposed by the OP are people who are good at their jobs (not friends of the boss, better negotiators, prettier, etc).