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Curious why you don't want compensation transparency? That information asymmetry is a huge reason an employer has a negotiating advantage against you.
by jakelazaroff 5y ago
Curious why you don't want compensation transparency? That information asymmetry is a huge reason an employer has a negotiating advantage against you.
- throwaway2048 5y agoBecause like most freethinking super-minds on HN, they think they are the 10x exception that can easily get compensation well beyond the average. Its the pit your average IT sallaryman falls into.
- basisword 5y agoMaybe best to wait for my reply to the parent before jumping in with a snarky response.
- basisword 5y agoI feel when people can see what they’re getting paid relative to close colleagues (especially if you include data from multiple countries and/or cities) a lot of people won’t be happy. In theory we all know the engineers working for the office in the more expensive cities get paid more but seeing that on paper will cause a lot of animosity. I also know for example my company pays employees in similar cost of living cities differently because the local market is less competitive in one. Again, wouldn’t be good to see on paper. Also, I think this idea that knowing what colleagues are paid improves your negotiating position is wrong. It’s much more important to figure out what competitors will pay you. Transparency data can be useful for preventing discrimination but that should be left up to the state to monitor.