> There's no way you could in good conscience employ someone who couldn't do the work
Oh, if it was only so simple as 'can do the work' | 'cannot do the work'!
It is, of course, a very course and rough estimate but it is more like 'This person is likely to be great! They will not only do the work but surprise and delight me and pull our organization forward more solidly and quickly then we even hoped. We are lucky they happened to be looking just at the time we need their skills!' or 'This person looks like a good candidate but they tend to jump jobs on a yearly basis and has experience in C# rather than Java much less Scala but we've been looking for a while and we really need to get started and they seem smart enough to get up to speed.'
Point is, it's a complicated process with complicated factors.
Also, there is the wider market to consider. If I don't think a candidate can go out and get another job for the same price or more, I am unlikely to offer a premium on top of that market price.
So I have to disagree; skilled jobs are not binary in nature -- the max of the range offered represents how much a top tier candidate that fits well with the position should target. For those others without the same risk/reward profile or market power, they will have to keep from overselling themselves and take those factors into account.
If you like Algorithms to Live By, I think you'd enjoy 'How to Measure Anything' which really gets into the nitty gritty of how to reduce uncertainty and how even modest reductions can lead to much more solid decisions with these kinds of inherently fuzzy and complex problems.
Oh, if it was only so simple as 'can do the work' | 'cannot do the work'!
It is, of course, a very course and rough estimate but it is more like 'This person is likely to be great! They will not only do the work but surprise and delight me and pull our organization forward more solidly and quickly then we even hoped. We are lucky they happened to be looking just at the time we need their skills!' or 'This person looks like a good candidate but they tend to jump jobs on a yearly basis and has experience in C# rather than Java much less Scala but we've been looking for a while and we really need to get started and they seem smart enough to get up to speed.'
Point is, it's a complicated process with complicated factors.
Also, there is the wider market to consider. If I don't think a candidate can go out and get another job for the same price or more, I am unlikely to offer a premium on top of that market price.
So I have to disagree; skilled jobs are not binary in nature -- the max of the range offered represents how much a top tier candidate that fits well with the position should target. For those others without the same risk/reward profile or market power, they will have to keep from overselling themselves and take those factors into account.
If you like Algorithms to Live By, I think you'd enjoy 'How to Measure Anything' which really gets into the nitty gritty of how to reduce uncertainty and how even modest reductions can lead to much more solid decisions with these kinds of inherently fuzzy and complex problems.