Remember yesterday how I said monopoly is a bitch? Here’s a perfect example of our web empires using monopoly power to exploit their employees, and Facebook being the one to stand up against it. Even though a lot of entry level employees start at what seem like ludicrous salaries, practices like no-poaching agreements enable the companies to keep salaries stagnant, and force you out once you’re too old (i.e. 35). Poaching and headhunting is a natural part of a dynamic business environment, and companies like this try to stop it (which, as noted in the article, is collusion and is illegal) because they know they can’t hold on to talent with their working conditions. Google on the surface is trying some interesting things to improve employee loyalty (which still amount to just preventing you from ever going home), but it’s telling that they still resort to violating anti-trust laws.


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