News for hackers. Stuff that matters.
Re:DOJ Sues RealPage for Algorithmic Pricing Scheme That Har... by natdempk on Monday August 26, 2024 @08:05PM (#41363391)
Similarly companies like Pave also do data collection and sharing to create “benchmarks” around salary and report out salary ranges for comparable companies and locations. I was wondering where the line is drawn between something like this and Realpage? Or even if you do some detailed survey about compensation and distribute it, at what point does this become anticompetitive? All of this does seem to rapidly be becoming the norm with regards to how companies set compensation levels. Curious if anyone with more expertise knows the answer.
Re:DOJ Sues RealPage for Algorithmic Pricing Scheme That Har... by vaxman on Monday August 26, 2024 @08:14PM (#41363445)
[delayed]
Re:DOJ Sues RealPage for Algorithmic Pricing Scheme That Har... by leplen on Tuesday August 27, 2024 @12:56AM (#41364672)
I think one of the biggest differences between comp benchmarking providers and RealPage is that two companies given access to the same benchmarks often make very different compensation decisions.

Some companies decide to pay at the 90th percentile of the market and some decide to pay at the 50th.

RealPage was much more proscriptive which is part of what tips the balance over into collusion vs just providing market statistics.

Zillow provides a zestimate for rents, which serves a similar market summary purpose but without the mechanism to enforce compliance and therefore is totally fine.