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Every company I've seen that has one of those pays jokingly low salaries compared to competitive companies. Rather than it being used as a tool to ensure fairne
by seattle_spring 5y ago
Every company I've seen that has one of those pays jokingly low salaries compared to competitive companies. Rather than it being used as a tool to ensure fairness, it seems more used as a shield against negotiation. "We can't pay you <competitive salary>, that'd be $50k more than someone more senior than you! You wouldn't want to be unfairly paid more than your colleague, would you!?"
- kasey_junk 5y agoI worked at a hedge fund that had open salary data available to everyone and paid comparably to the hedge funds/prop desks I worked at that didn’t.