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Re:Amazon walking back raises after internal bug miscalculat... by staticautomatic on Monday September 26, 2022 @12:04PM (#32984849)
To add a data point to this, I recently interviewed at a large tech company. As part of investigating the comp, I ran a linear regression on data from levels and the results indicated that you should deduct a few grand for every year of tenure.
Re:Amazon walking back raises after internal bug miscalculat... by jonfw on Monday September 26, 2022 @12:19PM (#32985007)
Worth considering the biased data. Levels will only have data from job seekers- which would imply that they either have A) recent offer or B) salaries from employees who are considering jumping ship (biased towards employees who are underperforming or in underperforming business units)

There is probably a missing category of employees who have been successful, gotten raises, and aren't shopping for jobs

Re:Amazon walking back raises after internal bug miscalculat... by shostack on Monday September 26, 2022 @06:43PM (#32989575)
I wish it were easier to compare that against other considerations. Comp isn't everything (though not judging those for whom it is) and it can be challenging to weigh the benefits of being somewhere for multiple years. Especially for places with steep learning curves and very large orgs where getting established is a very different day to day type of stress than continuing on and growing in something familiar.
Re:Amazon walking back raises after internal bug miscalculat... by imwillofficial on Monday September 26, 2022 @12:43PM (#32985288)
Levels is garbage data. How is this not obvious?
Re:Amazon walking back raises after internal bug miscalculat... by staticautomatic on Monday September 26, 2022 @01:39PM (#32985932)
One reason it’s not obvious is that several findings of my analysis aligned neatly with things the recruiter told me about the company’s comp structure.
Re:Amazon walking back raises after internal bug miscalculat... by Bedon292 on Monday September 26, 2022 @02:13PM (#32986310)
I know there is bias in who enters data on levels, but is there something else that makes it garbage data? Can you elaborate? Because I have never seen it as 'garbage data' and would like to know more.
Re:Amazon walking back raises after internal bug miscalculat... by woobar on Monday September 26, 2022 @05:16PM (#32988545)
This is not obvious to me. I had access to comp data at two different companies and Levels data was pretty accurate across the board.
Re:Amazon walking back raises after internal bug miscalculat... by imwillofficial on Tuesday September 27, 2022 @11:48AM (#32996925)
I’ve never seen it be close to any job I’ve ever had access to data for