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Re:I Don’t Care How Well You Code, Understand Your Compensation by cm2187 on Tuesday August 09, 2016 @09:21AM (#12254272)
The point of the article is not so much about what should be the right level of compensation for technical people but rather the issue of technical people not bothering to understand the terms of the financial agreements they get into.

If they did examine the terms, as you said supply and demand would ensure the terms are fair.

Re:I Don’t Care How Well You Code, Understand Your Compensation by riskable on Tuesday August 09, 2016 @09:43AM (#12254396)
> If they did examine the terms, as you said supply and demand would ensure the terms are fair.

Only if all parties have all the information. The person being hired has now idea how desperate the company is for their skills, how much they're willing to spend, or even if the pay being offered is good for the location/position in a lot of cases.

Re:I Don’t Care How Well You Code, Understand Your Compensation by cm2187 on Tuesday August 09, 2016 @09:48AM (#12254432)
And the company has no idea of whether the person being hire is as good as he pretends to be. This uncertainty goes both ways.