Comment by lotsofpulp
3 years ago
Management’s job is to get rid of bad employees. Good employees do not have unlimited places to “flee” to. And full information is when markets allocate resources most efficiently.
3 years ago
Management’s job is to get rid of bad employees. Good employees do not have unlimited places to “flee” to. And full information is when markets allocate resources most efficiently.
Information asymmetry is a natural thing. It benefits job seekers too because your prospective employer does not know everything about them.
If all info was freely available knowledge brokers would have immense power.
> Information asymmetry is a natural thing.
What does this mean? Why does natural even matter? Humans changed a lot of things that are “natural” to better their lives.
>It benefits job seekers too because your prospective employer does not know everything about them.
Temporarily embarassed billionaires. Aka you like to think you are the 1% who can out negotiate an employer because you are so in demand. 99% of people will be at a disadvantage no matter what.
Also, https://theworknumber.com/
> If all info was freely available knowledge brokers would have immense power.
What is the purpose of a “knowledge” broker, if the thing they are brokering is already available to everyone?
No he’s right. It used to be in my state that prospective employers could ask for salary history with proof. If you are leaving a place because of bad pay or just that you want to make more money the discussion was always tethered around your previous pay.
A few years ago my state made it illegal to ask for that information, and can now only ask our salary expectations. It’s now tethered around what you want to make.
This led to a HUGE increase in my comp.
2 replies →
Even if data is freely available evrerywhere it means it becomes a valuable occupation to collect it and exploit it and this is what a knowledge broker is.
1 reply →
These "knowledge brokers" already exist and companies buy their info. This would only make it so employees could do the same.