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Launching the recruiter-free marketplace for tech contractors

1 pointsby chrisvxdabout 4 years ago

1 comment

bediger4000about 4 years ago
This is cool, but how do individuals overcome the information asymmetry in hiring?<p>That is, even a medium sized company knows what tens or hundreds of other candidates are asking for in terms of salary or benefits. An individual does not know this. The company can offer a lowball, knowing that it&#x27;s low, and then raise the offer should the candidate balk. An individual essentially always has zero information about their own value, and can&#x27;t make an intelligent counteroffer.<p>I don&#x27;t see how this problem in marketplaces can be overcome without mandatory pay transparency.