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The author misses a key reason, which is the winner’s curse. I’m going to take the job that offers me the most money, which means it’s likely I ended up near th
by zeroonetwothree 3y ago
The author misses a key reason, which is the winner’s curse. I’m going to take the job that offers me the most money, which means it’s likely I ended up near the top of their salary band (maybe I did well on the interview or they like me for some reason or random luck). That means I will be likely paid more than other employees at my level.
- nerdponx 3y agoThat only applies to applicants who have competing offers, with substantial variation between offers in terms of compensation. That happens to very few people.