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there are plenty of ways a company can pay you less without having to change their entire comp model and wasn’t suggesting that was what was happening the poin
by tempsy 4y ago
there are plenty of ways a company can pay you less without having to change their entire comp model and wasn’t suggesting that was what was happening
the point is a flight to safety gives Megacorps leverage they didn’t have 1-3 years ago. they can pay you at the lower end of a pay band or interview you for a lower level than you asked for. and if people are desperate enough because they are in a tanking company or laid off they might take it.
And when everyone is thinking the same thing they can be pickier and get better quality talent for the same money regardless
- fnordpiglet 4y agoThey won’t. I’ve spent 30 years in fairly senior positions at mega corps. It’ll take a few years and only if the other mega corps reduce pay. Their response to a lot of available talent isn’t to pay less it’s to reduce their conversion rates and be more selective. They aren’t competing for talent against startups or even places like Coinbase and Uber for the most part. It’s against each other.
- deleted 4y ago[deleted]