I argued in Fast Company last year that Silicon Valley’s engineers aren’t paid nearly enough when you consider the billions in profits they create for their firms. But it’s now clear that the industry’s surprisingly low wages for engineers weren’t just a strange quirk of the labor market. They were by design: For years, the biggest tech companies conspired to drive down salaries by illegally agreeing not to poach one another’s workers. The Department of Justice settled with Adobe, Apple, Google, Intel, Inuit and Pixar in 2010. But now several of their former employees have launched a class-action lawsuit against these firms, and the evidence emerging from the case is devastating.
— Silicon Valley’s engineering salaries are finally getting fair. Thank Facebook. | PandoDaily
