When Rules Don't Apply is a 28 minute documentary that explores "no-poach" agreements and how they violate antitrust law. Watch the full film on vimeo for free here. For years, Apple’s Steve Jobs, Google’s Eric Schmidt and other hi-tech CEOs engaged in a conspiracy against their own employees, agreeing not to hire each other’s workers. The secret deal denied career advancement and better pay to the very people who made their companies successful.
Did any Soylentils experience this first-hand? How did things work out for you? How accurate/informative a depiction did you find this documentary?
(Score: 2) by gznork26 on Tuesday June 25 2019, @11:30PM (1 child)
Weren't the wages offered at companies not part of the wage-fixing also affected? I though that the 'industry' wage for a certain role would have been pegged to what the big boys in IT were paying. This was just another in a series of techniques for suppressing wages, including the ever-popular comparison to what an off-shored vendor would cost, regardless of the currency conversion hijinks and perceived wage value by the workers in another country/economy. There was a lot of room in there for causing the prospective hire to negotiate (?) without sufficient information to question the offered amounts.
Khipu were Turing complete.
(Score: 2) by hemocyanin on Wednesday June 26 2019, @12:17AM
If the "big boys" cap wages at a certain level, the little guys aren't going to pay more. It certainly suppressed wages all the way down the line.