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> A simple rule for negotiations is that whoever has more information has an advantage Outside of some progressive companies, what jobs exist where everyone's
by stagger87 5y ago
> A simple rule for negotiations is that whoever has more information has an advantage
Outside of some progressive companies, what jobs exist where everyone's salary is public at the time of negotiation (when hired?) and people can negotiate salaries 2x or more for the same position?
Do you think you deserve to make 2x what your colleague does?
Did you tell your colleague why you think you deserve 2x their salary?
- spaetzleesser 5y agoIt’s not my job to justify my salary to colleagues or reduce. Once they have the info they can ask for more money and management has to justify why one person is higher paid than the other or raise pay. In this particular case I was actually charging less than the contracting companies that often kept 70% of that money for themselves. But the main point is that knowledge is power. Ignorance may protect your fragile ego from inconvenient truths but it’s not bliss.
- stagger87 5y ago> and management has to justify why one person is higher paid than the other And when they can't, do you think they will raise your coworkers salary to match yours, or bring yours down? (I know what I'd bet on) Persons who benefit from that asymmetry of information may not even know it. I'm not saying you are one of those people, but if your first reaction wasn't "Yes I deserve to get paid 2x my coworker", then I suspect you won't continue to be in a transparent system. You also skipped over my first question in my previous reply. I am interested in your feedback on that. You claim that "knowledge is power". Can you point to an industry or large segment of jobs where this sort of salary negotiation (such as yours) takes place in a transparent system. Alternatively, can you point to any study/research that backs up your claim?
- spaetzleesser 5y ago"Can you point to an industry or large segment of jobs where this sort of salary negotiation (such as yours) takes place in a transparent system. Alternatively, can you point to any study/research that backs up your claim? " One example is CEOs and top execs. Their salaries are public and have shot through the roof in the last few decades. Pro sports also comes to mind. It's much easier to ask for more when you know how much your peers are making.
- stagger87 5y agoCheeky