The 85 percent solution

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Computerworld - https://www.computerworld.com/article/3247433/it-careers/the-85-percent-solution.html#tk.rss_all

It’s a few years back, when this IT consultant pilot fish is working in the aerospace and defense industry at a company with an interesting idea for paying employees.

“They decided to pay 85 percent of the average market rate to hire, giving them room to give people increases to meet market and even exceed it for special people,” says fish.

“That sounds like a good idea, but they based their numbers on surveys of companies in the same industry. That might be appropriate for RF engineers — who design radios for satellites or ground stations — or even for computer scientists

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