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This is not going to be nearly as helpful as people think, as long as it's still legal for employers to verify salary once it's been revealed. People who know
by smallnamespace 9y ago
This is not going to be nearly as helpful as people think, as long as it's still legal for employers to verify salary once it's been revealed.
People who know or suspect that their salary is above the average applicant's will volunteer it to the prospective employer. Other people will choose not to disclose.
We will reach an equilibrium where non-disclosure will be an honest signal of lower current salary.
The main difference from the current state is that employers won't know the exactly salary of the lower non-disclosing applicants -- this helps people at the absolutely bottom of the 'non-disclosure' range, but hurts those who are just below the average salary. It should have no strong effect on people with above-average salaries who choose to disclose.
Of course, if employers aren't allowed to verify voluntarily disclosed salary, then many people will just lie.
- whipoodle 9y agoOh, I didn’t know they verified it. I’ve never disclosed, but if I was pressed I figured I’d lie because it’s none of their business anyway. I can’t see why your current employer would verify that, though. Plus it’s a dead giveaway that you’re looking to leave... this just seems sort of crazy to me.
- throwaway76543 9y agoThey can't really verify, because many have large non-salary compensation structures, comprising somewhere from 10% to 1000% (or even much more) of their base salary. Repeat after me: "Well, taking into account my current schedule for divestiture and estimated market positions I would need X to match my total compensation package."
- acty1 9y agoExactly. This affirmative action type law will not have the effect they are publically claiming to attempt to achieve. Bring the data. And I will continue to volunteer my salary information at the very first interactions with my prospective target/clients/employers. What a joke. This makes it basically easier to appear bold and "transparent" on my side. Seriously love how these political correct activists keep skewing the playing field to my favor.