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584. How to Pave the Road to Hell
Freakonomics Radio
Salary Negotiation Insights
Firms and managers have varying methods of setting salaries, with disparities existing among employees with the same job titles and experience. The knowledge of colleagues' salaries is crucial for employees seeking job opportunities or promotions to negotiate effectively. However, most firms are not transparent about salaries, offering limited information or ranges. Platforms like Glassdoor provide some insight based on former and current employees' data, but it can be incomplete and unreliable due to anonymity, outdated information, and missing details on benefits. Additionally, some companies manipulate feedback on Glassdoor to project a positive image.
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