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That's a fairly uncharitable way to phrase his point. I think what he's getting at is that it is hard for market participants to accurately price goods and serv
by missedthecue 4y ago
That's a fairly uncharitable way to phrase his point. I think what he's getting at is that it is hard for market participants to accurately price goods and services when they are working with insufficient information.
If I asked you to tell me how much you'd pay for a shirt, you'd either have to give me a wide range, or start asking questions to understand what you're getting. A formal tux dress shirtfront? A dirty old Hanes undergarment?
- idontpost 4y ago
- actually_a_dog 4y agoNo, I wouldn't say it is uncharitable at all. The balance of power and information already lies on the side that does more of these negotiations, and has less to lose in each one. It's time that balance starts to swing the other way, and if corporations don't like it, too damn bad.
- xeromal 4y agoWhat's your reaction to their shirt analogy?
- actually_a_dog 4y agoIf you don't have those questions at least mostly answered, you're not ready to go shopping. You don't show up at Target looking to buy a bespoke dress shirt, unless you want to be very disappointed and/or waste a lot of time.
- joe5150 4y agoA job advertisement is meant to address the major questions a candidate would have that will contextualize the pay being offered. If I asked you to tell me how much to pay for a shirt with a sufficiently detailed list of requirements and expectations for the shirt, you could probably give me a pretty useful range.
- twobitshifter 4y agoBoth a tux and an undershirt are unlikely to meet the same requirements. If you ask for 10 years experience in a field (tuxes), you’re likely to get people with similar qualifications or you can filter out the bad matches (undershirts) ahead of time. I’ve had overqualified people apply for a position, what happens is I don’t hire them in that position, I open up a new “named hire” for a higher salary.
- TulliusCicero 4y ago> it is hard for market participants to accurately price goods and services when they are working with insufficient information. Ridiculous. They already have to get enough information to make an offer and negotiate at some point.