Does this require some sort of enforcement mechanism to ensure that neither party puts in a bad-faith bid as a discovery mechanism for what number to seek in their real negotiations?
Maybe there’s a misunderstanding here—the mechanism I was writing about would be the “real negotiations” (whatever result falls out of the mechanism now is what’s going to happen). As in, there can be a lot of talking about salaries before the this two-sided sealed auction is performed, but the salary is decided through the auction.
Maybe there’s a misunderstanding here—the mechanism I was writing about would be the “real negotiations” (whatever result falls out of the mechanism now is what’s going to happen). As in, there can be a lot of talking about salaries before the this two-sided sealed auction is performed, but the salary is decided through the auction.
I know of some software engineers who have published their salary history online.