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A comment on Salary Transparency. Parent comment

Re:Salary Transparency by lordnacho on Tuesday October 25, 2022 @05:03AM (#33328027)
While I think that's equitable, you could also see how an employer might try to keep a larger share. And most employees would probably agree to getting something substantially less.
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Re:Salary Transparency by chrisseaton on Tuesday October 25, 2022 @05:04AM (#33328037)
> you could also see how an employer might try to keep a larger share

But trying to keep a larger share means you lose out on all of it, as you will get outbid.

If they can save other companies 1.2 million as well (which they will because few companies are so unique) then their price will naturally creep up towards that value as others will be willing to pay more because it's a good deal.

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Re:Salary Transparency by Firmwarrior on Wednesday October 26, 2022 @02:36PM (#33347606)
Basically that's what those companies did, and then some of those engineers started 1 trillion dollar corporations since they couldn't convince anyone to pay them 600k
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