The reason you won't find a better paying job is because Intel makes agreements with the other Big Tech companies not to hire each other's employees.
And if true, how is it legal?
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@ax no one hires us what are you talking about?
This happened between 2010 and 2015 I think. We got compensated. Didn't known what happened until a check arrived. I thought it was spam but everyone got it.
OP, Intel was involved in a lawsuit for this very behavior around 10 years ago. Intel and the other 6 or 7 companies agreed to pay a settlement but didn't admit guilt. They paid out in late December of 2014 or 15 during the holidays when everyone was out of the office. I knew a lot of people who got checks. I cleared almost $20K after taxes. Payouts were based on grade and job. I am an EE and was working in ATTD at the time. I never had to do anything for the class action. I had been receiving cryptic letters in the mail from lawyers for a few years before but I never opted out. The payment was legit, they even took taxes out and sent the tax forms I needed for filing with the check. It was a sweet deal since I hadn't been looking for a job.
Original replied here… wiki link
https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation
it is the main reason Otellini went down, lost a class action colluding with Apple and others to fix wages
This happened years ago primary offender was Apple and Jobs. Intel agreed to settle but admitted no wrongdoing. I was employed at the time and the class had to wait an extra year because the judge threw out the first settlement the plaintiffs attorneys suggested. Yep the attorneys wanted their piece of the pie ASAP, got twice as much after the additional year of waiting
This happens in every industry, not just tech. It's called blackballing.
And yes, it's super illegal but good luck proving it.
Nah, Intel guys went to Google no problem.
Unwritten law
This is even inside of Intel departments between managers.
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