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The article is not saying that - if IBM hires 100,000 developers but AppAmaGooBookSoft have a hiring freeze, then then you get a much smaller risk premium. The
by amitutk 7y ago
The article is not saying that - if IBM hires 100,000 developers but AppAmaGooBookSoft have a hiring freeze, then then you get a much smaller risk premium. The point being that AppAmaGooBookSoft pay insane salaries so other companies need to pay their employees somewhat well to minimize risk losing their (best) employees to AppAmaGooBookSoft.
- usaar333 7y agoCan you define what "risk premium" means here? I can't tell if the argument here is that the market isn't competitive or something else. It's not like FAANG pays high salaries because they are generous.
- deleted 7y ago[deleted]