When the market stabilizes, what will happen to high paid employees? Specially those who are above market standard. Organizations are hiring more than their Bench just to keep backup.
Reference Layoff Started from Better dot com
Any Comment?

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If your “above market standard” refers to current switch scene where ppl are getting better hikes than used to get earlier, then I think what they are getting now is new market standard at least with today’s demand in IT industry. All employers will be forced to give that kind of correction in near future if demand continues. We can already see even though employers not giving corrections to employees but hiring new ones with new market rates going beyond their established standards. ( Scene mostly in product companies, services may be you are right if assumption hiring more than bench/pipeline is true)

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Agree with your points. Thanks

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I would have to agree. With the rise and demand of tech I don't see companies decreasing their pay or the hike percentages, I just see competition increasing that's all.

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This is something I've been worried about for awhile now. At some point, this bubble is going to pop and I'm afraid of what the aftermath will be.

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I see a lot of this fear around the hikes that are happening but I think it's important to note one thing - the market doesn't go back to 0. It'll drop and rise, but generally, we are the ones creating the market and the demand. So as long as demand is there, the market will stay as is, or it might drop slightly but it will not regress back to several years ago standards

My point is related to Layoff. I know market will not go back, but to be profitable.. do u think Employer can opt layoff...?

What is market standard now ? Is it yoe * 2 or yoe * 3?

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