Re:Eric Schmidt to head new Pentagon innovation board
by hobs on Wednesday March 02, 2016 @04:47PM
(#11213302)
> Google Engineer Sarah shouldn't be paid triple Google Engineer Jessie just because she works on a product that's valuable to Competitor X.
If they want to keep the employee, they absolutely need to match what others are willing to pay. That you suggest otherwise is nonsense in the american job market.
Cheating to get a better price is as you acknowledged, illegal, and most of the time you will find the market begins to even out those weird bumps by creating incentives for others to learn/work on that skillset (because of the higher rewards.)
This is very equivalent to "Well why should we pay engineer X more when they are working the same number of hours as marketing person Y?"
Its a comparison that doesn't make sense unless you want to pretend that the employer does not benefit as a result of the value the employee produces.
If the engineer is 3x more valuable to the other company and not to your bottom line, its an obvious time for that engineer to move, not be made a slave by anti-competitive agreements between employers.
Hopefully you will be able to find someone to work on your product at a price point that your business can derive some value from, but if not, its probable that your business sucks.
Re:Eric Schmidt to head new Pentagon innovation board
by peyton on Wednesday March 02, 2016 @04:55PM
(#11213352)
I agree it's wrong. I was just elaborating on the reasons it happened, as I haven't seen it explained in press and I know people who were affected in 2005 when this started.
If they want to keep the employee, they absolutely need to match what others are willing to pay. That you suggest otherwise is nonsense in the american job market.
Cheating to get a better price is as you acknowledged, illegal, and most of the time you will find the market begins to even out those weird bumps by creating incentives for others to learn/work on that skillset (because of the higher rewards.)
This is very equivalent to "Well why should we pay engineer X more when they are working the same number of hours as marketing person Y?"
Its a comparison that doesn't make sense unless you want to pretend that the employer does not benefit as a result of the value the employee produces.
If the engineer is 3x more valuable to the other company and not to your bottom line, its an obvious time for that engineer to move, not be made a slave by anti-competitive agreements between employers.
Hopefully you will be able to find someone to work on your product at a price point that your business can derive some value from, but if not, its probable that your business sucks.