Comment by nowyoudont
5 months ago
Huh, this tacit collusion being legal thing is mind boggling.
The law firm example seems imperfect though. Publicly announcing that you’re raising salaries isn’t really the same as internally sharing that data and choosing to set the same salary based on that.
>Huh, this tacit collusion being legal thing is mind boggling.
Not really ... If you're looking to hire workers in a particular region, how do you know what a competitive wage is? Well ... you look at what similar firms are paying their workers. How do you know what similar firms are paying their workers? You read surveys, industry reports, public statements, etc.
Nothing about any of that means you cannot offer a higher or lower salary for the same position.
Information is either internally confidential or it's not. If the latter then it's very reasonable to expect other firms to take actions based on that information.