Subj : Re: compensation matrix, salary, pay, income
To   : comp.programming
From : dominic.connor
Date : Tue Sep 13 2005 06:37 am

I think your experience is how things were, not how they are now.
Most firms like to keep salaries secret, which in my opinion is a
mistake, but I'm only a pimp.
The way things are now, your salary some function of what you can get
somewhere else.

We mostly get people for banks, and they like to "negotiate" salaries
individually. It is not uncommon when we talk on the phone to use
binary search when we need to ask the salary, since the manager will
not want anyone to hear.

The net result is drift then jump. Whilst in a job your pay will
typically drift down relative to the market, and then when you get an
offer to move will be up. Some companies have an implicit policy of
waiting until useful people say they're leaving before doing anything
about money.

DominiConnor, Finance Headhunter

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