The CVM Career Company

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SALARY NEGOTIATIONS- 1

a lot of employers don\’t want employees to share this information with one another because they know it can be used as leverage in negotiations-there is something economists call \”information asymmetry\”, it is a situation where one party in a negotiation has loads of information than the other, so during initial hiring, an annual raise or a promotion exercise that information asymmetry gives the employer the advantage and they use that advantage to save a lot of money

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