[sethist]

A job seems like the last thing I would want to leave up to be "sold to the highest bidder." From an employee's perspective there are so many other factors outside of compensation that are relevant to whether I would want to work somewhere. From an employer's perspective if you are hiring mercenaries willing to work for the highest bidder, what do you do when company X is willing to pay more than you can afford?

[ryguytilidie]

The bids aren't binding. You still interview and both parties have to say yes. The auction is simply for what your starting salary would be if the interview goes well.

[allangrant]

it's not about "highest bidder" - it's about efficiency and transparency.. in two weeks, developers have 5-20 detailed offers to pick from, and can then choose where to interview based on what companies look interesting, with all things considered. we're considering new names right now that make this clearer :)

[sethist]

Forgive me, I hadn't heard of the company before this article. The name suggests and the article flatly states that the developer is "sold to the highest bidder." If there is really nothing binding about the bids and the highest bidder doesn't necessarily end up with the candidate, is this a relatively standard recruiting website that puts an early emphasis on a position's salary?

[kobot]

On their website it says "No obligation to accept the highest offer — or any offer at all"