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by amitutk
2322 days ago
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The article is not saying that - if IBM hires 100,000 developers but AppAmaGooBookSoft have a hiring freeze, then then you get a much smaller risk premium. The point being that AppAmaGooBookSoft pay insane salaries so other companies need to pay their employees somewhat well to minimize risk losing their (best) employees to AppAmaGooBookSoft. |
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I can't tell if the argument here is that the market isn't competitive or something else. It's not like FAANG pays high salaries because they are generous.