This article is an embarrassment. He does not offer any evidence at all for his claim that the no-poaching agreement drove down programmers' salaries. It may have been anticompetitive enough for the participants to get sued, but how much did it actually decrease salaries? 10%? 1%? 0%? If this guy knows the answer, he doesn't tell us.
And I know for a fact that Facebook is not the only reason programmers' salaries are rising. There are a huge number of new startups all competing for the best people.
And I know for a fact that Facebook is not the only reason programmers' salaries are rising. There are a huge number of new startups all competing for the best people.