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It was always easy to collude. Any company of a significant size (100+ employees) is hiring consultants to determine market rates for employees. Here's the one mine uses [1] Making that data public only helps employees because. 1. Current employees can look at listings and realize if they are underpaid or overpaid. 2. New employees can skip past low wage employers (forcing them to raise their wages if they want... - Source: Hacker News / over 1 year ago
It's probably illegal for companies to directly coordinate to keep salaries low. However, it's not illegal for them to work with a third party to get market data on what is the going rate for salaries. Here's the one my employer uses: https://radford.aon.com/products/surveys/technology-compensation-survey. Source: almost 2 years ago
I wanted to know if other have had this experience or understand why this is the case. I was interviewing for a role with a tech giant out of SF. During our initial conversation I was told the starting salary for the role was between 90 - 95k CAD. After going through multiple interviews and earning the position I was provided an offer of 72K CAD. I enquired about the rather large discrepancy and was told by HR... Source: about 2 years ago
Here's the company that does it: https://radford.aon.com/products/surveys/technology-compensation-survey. Source: over 2 years ago
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