Economics question: The job market seems like a lemon market, in that assessing ability in an interview is hard. But this suggests that job offers should tend to come in at a discount to current earnings; in software at least the exact opposite is true. What's going on here?
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But surely everybody working for said employer knows that job-hopping is an effective strategy for earning more money...?
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Because SV types thinking it's normal to change jobs every 18 mo., employers simply price in the cost. Also, if you're…
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