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> outdated posts that still stay up because There's no rush to take it down.

Can also happen when it takes 3 months to get a job posting approved, so once you get one you just leave it up.

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Thanks for that. I have seen internal hire before or even "we know who we want but legal makes us post it for 7 days".

The comp technique you mentioned though seems like a lot of work for price discovery, surely there are data sets out there?

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It's probably not the most efficient means, no. Probably one of the cheapest methods, though. It's definitely not something you can get away with in a good job market.
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