Re:Ask HN: Dontrecruit.me – A website to collect stories abo...
by michaelt on Friday November 16, 2018 @11:40AM
(#18469808)
Or how does it work in the USA?
Apply a simple model of economically rational actors, ignoring everything like working conditions and benefits and how inspiring a project is and what is fair and what your corporate pay policies are and so on. We're both happy to work together. i.e. consider a pure salary negotiation.
Situation A: If I currently make $70,000 and you are looking to pay $40,000-$50,000 we're both wasting our time by keeping quiet.
Situation B: If I currently make $70,000 and you are looking to pay $70,000-$100,000 and I reveal my salary first, you can offer $70,000 and I might have left $30,000 on the table.
Situation C: If I currently make $70,000, you are looking to pay $70,000-$100,000, you reveal your range first and I say my requirements are $100,000, you have left $30,000 on the table.
And why would I feel I was leaving money on the table? Maybe I've seen posts on HN saying "many" mid-career Google employees earn $450,000.
The traditional HN advice to refuse to name a salary first comes from people who prioritise avoiding Situation B, even if it means increasing the risk of Situation A.
Situation A: If I currently make $70,000 and you are looking to pay $40,000-$50,000 we're both wasting our time by keeping quiet.
Situation B: If I currently make $70,000 and you are looking to pay $70,000-$100,000 and I reveal my salary first, you can offer $70,000 and I might have left $30,000 on the table.
Situation C: If I currently make $70,000, you are looking to pay $70,000-$100,000, you reveal your range first and I say my requirements are $100,000, you have left $30,000 on the table.
And why would I feel I was leaving money on the table? Maybe I've seen posts on HN saying "many" mid-career Google employees earn $450,000.
The traditional HN advice to refuse to name a salary first comes from people who prioritise avoiding Situation B, even if it means increasing the risk of Situation A.