Similarly, when a manager describes a job as "a pure meritocracy", their reports inevitably tell me he's a scumbag who games the system.
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which is precisely the kind of behavior the word "meritocracy" was originally intended to critique https://en.wikipedia.org/wiki/Meritocracy#Etymology …
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how do you determine "market rate"? Glassdoor?
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Mostly conversations with other people with similar-ish background, plus survey data when it pops up.
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I promise you they never pay less than the market rate.
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I've asked myself the same question but don't know the answer either. Maybe they simply don't know the market rate..
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..or hope their candidates don't. Or they mean a different market, not the high profile market they are saying they hiring from...
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Diversionary tactic for the unwary? I.e "We pay market rate, so no need to check what the market rate actually is"
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for the same reason that the Catch of the Day on the menu is always "market rate"
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It means people there are expressing concern about that, so they add the adjective - cheaper than adding salary.
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