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Re:Ask HN: Why doesn't YC list compensation for their own op... by inetknght on Tuesday December 28, 2021 @11:06PM (#29721727)
I do believe in getting paid what's deserved and what's deserved changes as the market changes.

What's unfortunate is that people aren't willing to see the change go downward ever and then also argue that others can't go upward because... well then you yourself "can't" go upward.

What's deserved is for people to be compensated fairly. If the company is compensating someone unfairly and can't compensate someone fairly because of then, then that is a definite and clear problem.

Whatever your definition of fair is, whether that's "deserving" or "market forces", it's still the same argument.

Re:Ask HN: Why doesn't YC list compensation for their own op... by imgabe on Tuesday December 28, 2021 @11:43PM (#29721940)
"fair" and "deserving" have the same problems. It's just adding unnecessary moral dimensions. What's fair is whatever both parties mutually agreed to. If you agreed to be paid $X and employer pays you $X, then that's fair. Whether they might have possibly agreed to pay you $X + %10 or $X + 20% or whatever is irrelevant. What they're paying other people is also irrelevant. You saw the number, you said "ok" and that's that.

If you were theoretically willing to pay $5 for a gallon of milk and you walked into a store and they were selling it for $2, I'm sure you wouldn't insist they take the extra money. It's the store's job to figure out how much to charge for milk. It's your job to figure out how much you're willing to charge for your labor.

Re:Ask HN: Why doesn't YC list compensation for their own op... by merrywhether on Tuesday December 28, 2021 @11:57PM (#29722047)
"What's fair is whatever both parties mutually agreed to"

You could argue there's an important caveat of symmetric information around this interaction if you want to talk about fairness. Asymmetric information is frequently considered an unfair advantage (see insider trading) but is also recognized as the source of much profit (see auction winner's fallacy), but you have to at least recognize that employers by and large have a huge information advantage in the labor market currently.

Re:Ask HN: Why doesn't YC list compensation for their own op... by imgabe on Wednesday December 29, 2021 @01:01AM (#29722348)
There's also asymmetric information with the milk. I don't know what it cost for the producers, or how much the store paid wholesale. Maybe it's only $0.05 a gallon on their end. Who knows? The only thing that matters is if the retail price is something I can afford and am willing to pay.

It's true that employers are privy to a lot more salary information than employees. I know I said what other people are paid is irrelevant, which I think it is in terms of fairness, but you should be (and, legally at least, in the US, are) free to take that information into account when deciding what you'll accept. It's still up to you to make that decision and hold employers to it. They aren't going to offer up higher salaries out of the kindness of their heart or some sentimentality about fairness.

Re:Ask HN: Why doesn't YC list compensation for their own op... by inetknght on Wednesday December 29, 2021 @01:40PM (#29728155)
> The only thing that matters is if the retail price is something I can afford and am willing to pay.

Unfortunately that's not quite true. Milk (and other foodstuffs) are a requirement to live. People are "willing" to pay more for that because they don't really have many other options. So it's ripe for abuse.

[dead]
Re:Ask HN: Why doesn't YC list compensation for their own op... by aspenmayer on Wednesday December 29, 2021 @01:54PM (#29728404)
Agreed. By this logic, if it can even be called that, no one could ever be taken advantage of, because they agreed to be defrauded.
Re:Ask HN: Why doesn't YC list compensation for their own op... by imgabe on Wednesday December 29, 2021 @05:36PM (#29731014)
If you agree to take a job for $100k, and your colleague decided to hold out for $120k, who exactly is defrauding you?

Salary negotiations are not fraud. Fraud involves being promised something and not getting what you agree to.

If someone says they’ll give you X in exchange for Y and then they do exactly that, that isn’t fraud.

Re:Ask HN: Why doesn't YC list compensation for their own op... by aspenmayer on Tuesday January 04, 2022 @08:29PM (#29803729)
Inalienable rights cannot be signed or bargained away, even if the rights-holder wills it. One cannot agree to slavery or indentured servitude in USA.
Re:Ask HN: Why doesn't YC list compensation for their own op... by DarylZero on Wednesday December 29, 2021 @05:39PM (#29731050)
Now change the numbers to $8k and $9k.
Re:Ask HN: Why doesn't YC list compensation for their own op... by imgabe on Wednesday December 29, 2021 @06:02PM (#29731273)
You mean someone gives you $8k in exchange for $9k? Still not fraud. A bad deal you’d be stupid to take, but what is fraudulent about it?

I’m not sure you understand what the word fraud means.

Re:Ask HN: Why doesn't YC list compensation for their own op... by DarylZero on Thursday December 30, 2021 @08:19AM (#29736477)
No.
Re:Ask HN: Why doesn't YC list compensation for their own op... by noasaservice on Tuesday December 28, 2021 @11:17PM (#29721799)
> I do believe in getting paid what's deserved and what's deserved changes as the market changes.

Well there's 2 major theories of thought about that.

One is that the holders of the capital decide how much to pay, and they make the bulk of the market. You get paid what you negotiate.

The other is that the worker will never be paid what they are worth. In other words, their surplus value is equal to the new value created by workers in excess of their own labor-cost, which is appropriated by the capitalist as profit when products are sold.

And in this country, we're seeing the beginning of the second with Antiwork and the Great Resignation. Many of us Zennials are really tired.