Re:We Only Hire the Best
by angelbob on Monday May 23, 2016 @11:06AM
(#11754317)
"Market average" is generally based on salary surveys, which kind of have to trim the extremes. So it's the median (ish), which is often lower than the mean.
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I'm specifically talking about the companies that have told me they pay "market average" in New York City and are offering $45-55k and want a mid-level developer. Then act like their tenth of a point of worthless options are a winning lottery ticket.
I've found that there are other ways to scam those surveys. My employer uses an unreasonably low threshold of years of experience for a so-called senior level.
We hire a lot of H1B candidates, so I'm convinced that the point of the scam is to depress wage scales for the LCA.