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Thought this was interesting. Across 160 teams of researchers, just about all failed to make good life outcome predictions on things like GPA, evictions, layoffs, and others. Data followed 4.5k families across 15 years, with 13k features (varied over time). Haven't looked at it directly yet, but will be turning the docs and data inside out... In the meantime, authors claim this as showing the limits of ML. Oh, and it's published in PNAS, so you know there's some big publication energy there.
https://www.pnas.org/content/117/15/8398
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Chief
Yes, it happens all the time, unfortunately. And it’s not the hiring manager. It’s HR who doesn’t allow internal employees to be increased more than a certain percentage, even if they’re promoted. But they will pay an external hire a ton more. It’s sad but true. That’s why it’s always better to hop companies all together.
If it's a big org it's not up to the hiring manager, HR handles all that. & they will know you're salary, not sure how they calculate the bump for a new role... might depend on where you land within range of your current market salary range.
Or as Chief said... maybe won't offer more than a certain percentage increase... if that's the case take the role, get the exp and then hop companies as soon as possible for that higher pay. On resume don't put length of time in role put length of total time at that company and most recent role.
I can tell you from personal experience that my company did not limit my raise even when promoting more than one tier higher within the company. They put me right at the target salary for the role, which I could see. They also hired in 2 external candidates for the same role at the same time at about 3% less than me. In my experience, if you have highly skilled internal talent, you pay to keep them. If you don’t, then they will leave.
Unfortunately our hands are tied by HR more than we would like them to be.
unfortunately you're always tied to your previous salary as a benchmark for internal movement. One of the big reasons why most people have to jump companies for a significant pay increase