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JoshuaFox comments on Open Thread, September 30 - October 6, 2013 - Less Wrong Discussion

4 Post author: Coscott 30 September 2013 05:18AM

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Comment author: JoshuaFox 08 October 2013 08:40:28PM 0 points [-]

Rolf, you work in an industry where people are becoming millionaires and billionaires overnight. Maybe you won't manage that, but no need to be embarrassed for raking it in.

Note that even though you don't need to reveal your salary in negotiations, current salary often anchors negotiations in your next one as well as your current one, illogical though that may be. So the deal you make now has long-term implications. Also, in yet another of those biases they talk about here, a high salary may, within limits, make your bosses think you are a better worker who deserves a higher status.