The problem is that the information asymmetry implies that you might be worth 95k in the market, but you're much less likely to know that than the company making the offer, and accept 80k not realizing you've lost out on 15k. It gets further against you if they do things like asking your previous pay.
In general, you would expect salary negotiation to be worse for any given employee, because they have limited tools to research with compared to the hiring company, and far more limited (man) hours to do that research.
I would also imagine negotiation still exists, but now more emphasized on the extra benefits, eg PDOs, medical plans, bonuses, etc.
And ofc the added negative that the company can hide unfair practices, eg underpaying particular groups, or hiring someone's kid for 2x the pay, or whatever.
The main negative is that someone who was skilled at salary negotiations now makes less, but presumably most people aren't skilled, making it more a net positive. The biggest concern tbh is if the whole industry was overpaying its workers due to the fog of war, and this suddenly cleared things up, and employees across the board take a hit
In general, you would expect salary negotiation to be worse for any given employee, because they have limited tools to research with compared to the hiring company, and far more limited (man) hours to do that research.
I would also imagine negotiation still exists, but now more emphasized on the extra benefits, eg PDOs, medical plans, bonuses, etc.
And ofc the added negative that the company can hide unfair practices, eg underpaying particular groups, or hiring someone's kid for 2x the pay, or whatever.
The main negative is that someone who was skilled at salary negotiations now makes less, but presumably most people aren't skilled, making it more a net positive. The biggest concern tbh is if the whole industry was overpaying its workers due to the fog of war, and this suddenly cleared things up, and employees across the board take a hit