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The strange thing about the offering is that it seems to be at odds with the original justification of Levels existing, at least for the folks who freely contri
by wclausen 5y ago
The strange thing about the offering is that it seems to be at odds with the original justification of Levels existing, at least for the folks who freely contributed the data being sold. The entire problem before was that employers had access to information about comp that employees did not. This put the employees at a significant disadvantage in negotiations, and was certainly not a win for everyone involved. The concern is that Levels is heading towards a repeat of that situation.
I’d also add that it seems a little hard to square the circle here around how this feature is aligned with the stated mission. Does this product help people make better career decisions? It’s also fine if this particular move is about making money. We all need to make money.
Levels has done a lot of great work, and I hope there’s a way for y’all to be compensated for all the effort you’ve put in. Have the costs of the site gone up significantly? I remember reading an Indiehackers post about how you were able to provide the site to users for something like the cost of a cup of coffee a month. If the cost structure has changed, it would be awesome to explore alternative funding approaches. I’d gladly pay y’all $10/month to maintain the site.
- Zaheer 5y agoI think another commentator already addressed this above. Employers already have access to this information via the main site. They're paying us to get the data in a spreadsheet they can plug into their internal compensation tools. They have access to the same data you have. It's an easy revenue opportunity for us and costs have certainly gone up as we've hired more folks. Our focus remains on serving professionals and majority of our revenue comes from professionals directly. Happy to discuss all this over a call as well if you're interested. Feel free to email me at: my HN username at levels.fyi. I'd also reiterate that HR / Eng Managers / Comp analysts often buy our data to justify internally that they should be paying more. An official way to provide the data allows us to be a data source to justify internal change. Otherwise employers are left to use stale data and remain unknowingly uncompetitive.