Re:Oracle allegedly underpaid $400M in wages to underreprese...
by monocasa on Wednesday January 23, 2019 @04:01PM
(#18982901)
You just go out and buy the information. It's not really available to individuals.
https://www.bloomberg.com/news/articles/2017-10-02/equifax-h...
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by standerman on Wednesday January 23, 2019 @04:55PM
(#18983497)
The Bureau of Labor Statistics provides a lot of data, not that granular but by region and larger city it is very good: https://www.bls.gov/bls/blswage.htm
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by monocasa on Wednesday January 23, 2019 @06:21PM
(#18984246)
Equifax will sell you an individual's data. Like "this guy with this social security number had this yearly salary".
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by GlickWick on Wednesday January 23, 2019 @03:14PM
(#18982324)
Think about all the times you've told a recruiter/hiring manager your previous salary (don't, btw). Think about the HR teams and such at your company that have access.
Shrewd people can get this data, especially if they're willing to pay for it.
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by paulie_a on Thursday January 24, 2019 @01:49AM
(#18986523)
Most people I know just lie and add 20+ percent. If you are moving to a different market...they add 50 percent of the real salary.
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by yholio on Wednesday January 23, 2019 @03:11PM
(#18982295)
There are market research firms that specialize in this area. It's useful to have such information, so it has monetary value - money presumably saved by underpaying or avoiding overpaying your workers. It's not something the average employee would afford in money and effort to research.
It's a good question how the data is obtained. Maybe through mutual data sharing agreements in exchange for access? Anyway, I've see such reports for my country, with very detailed breakdowns for job types, seniority, broad technology area, forecasts etc.
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by mc32 on Wednesday January 23, 2019 @04:49PM
(#18983435)
Companies use information services in order to pay appropriately. They neither want to overcompensate and drive higher wages nor do they want to under compensate and lose staff to competitors.
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by giobox on Wednesday January 23, 2019 @10:01PM
(#18985610)
You can get pretty reasonable numbers, especially in the software industry, just using the freely available H1B visa salary data. All employers using these visas have to disclose the title, salary and location for an employee hired on one. In my experience for companies I'm familiar with these numbers are usually pretty accurate.
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by whatshisface on Wednesday January 23, 2019 @10:43PM
(#18985784)
Thanks so much, this is the career advice database I have been looking for for years. Whenever people ask me what they should do when they graduate, I have to base my response on broad government surveys that, for example, lump every single natural science in to a single salary category. With this, I can even make charts.
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by froindt on Wednesday January 23, 2019 @03:15PM
(#18982338)
There are companies out there who organize salary surveys.
Every company pays in a bit to cover the costs/overhead with putting together a market report, and also submit the job titles and salaries of their workers. Possibly more data too, but I'm not certain. E.g. time with the company or years of relevant experience would be very handy.
Re:Oracle allegedly underpaid $400M in wages to underreprese...
by yanslookup on Wednesday January 23, 2019 @03:10PM
(#18982284)
Check out imercer.com. Depending on how you look at it it may start to look like a a middleman for cartels.
How do they go about this? Through means accessible to individuals?