Smarkets CEO Jason Trost lets employees pick how much they want to get paid. Smarkets
Smarkets, a betting startup based in London, lets employees pick how much they want to get paid.
The system works through social consensus, and each employee’s salary information is published in the company’s internal wiki.
There are pros and cons to the process, but ultimately it works, Smarkets CEO Jason Trost said.
Wage discrimination isn’t a problem women face in the tech industry.
For a long time, Silicon Valley has suffered the reputation of being unwelcoming to women, from brogrammer attitudes to sexist apps to gender inclusivity. Whatever problems women may have with the tech industry, wage discrimination isn’t necessarily one of them. New research shows that there is no statistically significant difference in earnings between male and female engineers who have the same credentials and make the same choices regarding their career.
Continue reading… “There is no gender gap in tech salaries”
The outlook for new grads is slightly better than 2012.
Engineering and computer science majors have the best shot at landing a high-paying position in this tough job climate. The outlook for new grads is slightly better than 2012, according to data from a nonprofit group, the National Association of Colleges and Employers (NACE), . For students that land a job, the average starting salary is $45,600 and salaries are 2.6 percent higher than in 2012.
Continue reading… “Engineers and computer science majors had top starting salaries in 2013”
Wall Steeters are richer and harder to find than your average New Yorker.
The Office of the New York State Comptroller each year does a deep dive into Wall Street employment and compensation. The office has released its report for 2012, and as usual Wall Street salaries trounced the average New Yorker’s.
Continue reading… “Average Wall Streeter makes 5.2 times more than the average New Yorker”
Silicon Valley salaries for programmers have hit record-levels in 2013.
Talented tech folks in Silicon Valley have always been paid huge salaries, but according to division manager for Jobspring Silicon Valley, recruiter Scott Purcell says 2013 is shaping up to be a record-breaker.
Continue reading… “Salaries for engineers in Silicon Valley are starting at $165,000”
PHP is a very accessible language, and it makes sense that casual / younger / lower paid programmers can easily contribute.
Ben Podgursky, a Software Engineer at Liveramp, a few weeks ago, described how he used Git commit metadata plus the Rapleaf API to build aggregate demographic profiles for popular GitHub organizations.
Continue reading… “Average salary per programming language”
Comparing salaries among colleagues has long been a taboo of workplace chatter,
Brian Bader said at the orientation for a tech-support job with Apple Inc. that human-resources managers ran down the list of guidelines workers were expected to follow. Don’t use explicit language on calls with customers. Treat other employees with respect. And, he says, they told the assembled recruits, don’t discuss your pay with co-workers.
Continue reading… “Employees share their salary secrets”
American factories are hiring again, but they’re not hiring union members.
Factory workers had a good month in July in Anderson, Ind., where a Honda parts supplier announced plans to build a new plant and create up to 325 jobs. But in the Cleveland suburbs it was a grim month, where an industrial plastics firm told the state of Ohio it was closing a plant and laying off 150 people.
Continue reading… “Unions are being left behind as manufacturing bounces back from the recession”
Chemistry professor Robert Parson instructs his students in a lecture hall classroom during a chemistry class at Colorado University.
An annual meeting of the The American Anthropological Association is held to showcase research from around the world. Thousands of other anthropologists usually pay $650 for airfare, $400 for three nights in a “student” hotel, $70 for membership, and $94 for admission. The latter two fees are student rates. If you are unemployed or underemployed scholar, the rates would double.
Continue reading… “67% of American university faculty are part-time employees”
Many employers are now paying more when the risk for sexual harassment is high.
A new study shows that when the risk of workplace sexual harassment is high, companies pay bigger salaries. And that may just be because it’s cheaper to give a bump in pay than it is to banish bad behavior.
Continue reading… “Companies pay bigger salaries when the risk of sexual harassment is high”
Some teachers in Township High School District 113, including Highland Park High School, took home six-figure salaries.
An extraordinary number of public school teachers in the Chicago region earned $100,000 or more in 2009, straining school budgets and taxpayer wallets and fueling the debate over what teachers are worth and how they get raises.
Federal pay ahead of private sector pay
Federal employees earn higher average salaries than private-sector workers in more than eight out of 10 occupations, a USA Today analysis of federal data finds. Accountants, nurses, chemists, surveyors, cooks, clerks and janitors are among the wide range of jobs that get paid more on average in the federal government than in the private sector.
Continue reading… “Federal Employees Make More Than Private Sector Employees”
