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deepspace | 2 months ago

Not always- see Costco. But in a world where every company is trying to minimize expenses to maximize profits, paying significantly above market is at the very least an indicator that there may be something fishy going on.

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david_shaw|2 months ago

It's a valid business strategy to hire the best and brightest in the field, and to pay higher than average to attract that talent -- if you can afford it.

"Big law" firms are a good example of this too: they pay way more than some random family law practice.

xboxnolifes|2 months ago

The "if you can afford it" is pulling all the weight there. Why can certain companies afford it more than others in the same market? The context of this thread is suggesting that those companies are doing more crime or crime-adjacent activities.

tyre|2 months ago

Yes and what do large, white shoe law firms work on primarily? The largest clients are the ones with lots of…legal activity.

What types of clients might those be?

aeonik|2 months ago

Costco's IT department is not above market rates in the Seattle area fyi.

red-iron-pine|1 month ago

Kirkland is a Seattle 'burb and IT/software pay in Seattle is competitive (FAANGM, etc.).

Costco has a rep for paying their cashiers, food handlers, and stocker teams well, comparatively speaking. Their IT teams are mostly outsourced, like all large companies, and aren't impressive by Seattle rates.

trymas|2 months ago

How I understood OP - is that Costco pays better than other big retailers. Also probably not only for IT department, but on average (including cashiers and such).