This seems equivalent to Netflix policy of paying people at the top of their personal market rate. (Someone who's worked there can no doubt give better insight

This seems equivalent to Netflix policy of paying people at the top of their personal market rate. (Someone who's worked there can no doubt give better insight into how it works in practice). The difference I see is that Netflix e.g. could do some market research to get the realistic market range for a person and then pay them the top rate. In your case, you are asking them to explicitly demonstrate a rate, by getting an offer. It seems more efficient to go the Netflix route and pay for some good compensation info, rather than making folks go through the process themselves (and no doubt be more likely to take the offers having been courted for a new role). If this is just about comp, better to just keep folks appropriately paid.