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codingmess | 6 years ago

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BlargMcLarg|6 years ago

>This approach of open salaries is designed to make it difficult to pay more productive people better than average

From my experience, that's not true at all. I thought I was earning well, until I heard my friends earning about 1.5x to 2x as much doing pretty much the same thing I was doing. At some point, if your friends make more expensive purchases, do more things, etc. while performing a similar job, you will start connecting the dots on your own. Alternatively, companies frequently have entire departments (most notably HR) to research salaries across the globe and use this to their advantage, so companies already have a significant advantage. You can't know if you are structurally paid below average unless you obtain knowledge yourself, and you can't improve your salary without feedback. Knowing what others are doing and how they got it is a form of feedback in the end.

I wouldn't be too worried about socialism until: * You make everything tiered, so subjective and hard-to-prove arguments no longer work, and productivity per individual is easily measured (near impossible in tech). * Provide an easy place for people to see their salaries compared to others, from sources that are well-acclaimed (most sources today are iffy at best) * Those people have opportunities to punish the company by switching jobs without much trouble or something equally damaging. Unfortunately, many people do not have that luxury or the punishment is much bigger for them than the other way around.