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by pgeorgi 979 days ago
There are already companies collecting such information and making them available for their customers (who supposedly provide some collated data set to them in exchange). That's what all the "paying top of market rate" talk in various companies is based on.

So: the potential for collusion already exists, but unless regular folks can get access to the analysts' data sets as well, it's a very one-sided deal.

3 comments

You don’t even always need a third party. My wife works in HR for the government and part of her job is literally to contact neighboring counties and send them requests for their salaries for various positions and levels while filling out salary requests from other counties.

Of course, being government, it’s all public information anyway so collaborating in this way is seen more of a performance increase vs manually accessing each counties salary information but it’s the same premise.

Yup... HR call it "benchmarking"
> paying top of market rate

I thought that was just marketing puffery...

No, they actually buy that info from 3rd parties.

The puffery is that they say "top 10%" when they're " 'top' 40%".