4 ms·

>There are plenty of places with pay transparency and they work just fine. The information imbalance is only to the benefit of the employer. Citations?

maxxxxx 8y ago
For what? For pay transparency look at Congress staffers, lot of state employees, a lot of CEOs, the military or some tech companies. For the second point I think it's pretty well known that markets can only properly function if all participants have the relevant information.
- renholder 8y ago
  >For the second point I think it's pretty well known that markets can only properly function if all participants have the relevant information. So the markets have been improperly functioning, this entire time, because they didn't have the relevant information...?
  - maxxxxx 8y ago
    Yes, the salary market is not functioning properly because one side has vastly more information than the other side.
- Gibbon1 8y ago
  > markets can only properly function if all participants have the relevant information. That's the reason why it's criminal for employers to punish employees for discussing compensation with each other and why employers try their hardest to prevent that from happening. I posit that in a lot of (most) companies profit is born wholly by the underpaid employees.
lazyasciiart 8y ago
Public servants. Sweden. Buffer.
- renholder 8y ago
  >Public servants All public servants or just those paid by your statea and/or federal governments? Could you find out how much someone made at the NSA, for example? >Sweden. Tax returns are not the same as pay transparency. In premise, yes, in practice, no, because a tax return is based on taxable income only. So, let's say I have tax credits for having three kids. My taxable income would be vastly different from yours, if you have no kids. >Buffer Overflow...?
  - lazyasciiart 8y ago
    ....who do you think pays NSA employees? https://work.chron.com/nsa-pay-scale-16399.html https://work.chron.com/nsa-pay-scale-16399.html >Sweden. You are conflating tax returns and taxable income. A tax return shows the salary AND the tax credits. https://www.reuters.com/article/us-panama-tax-nordics-idUSKCN0X91QE https://www.reuters.com/article/us-panama-tax-nordics-idUSKC... >Buffer https://www.google.com/search?q=buffer+pay+transparency https://www.google.com/search?q=buffer+pay+transparency
rsanek 8y ago
Professional sports is one that is brought up frequently. Athletes seem to be fine with being paid different amounts, and they too must work as a team to succeed.

maxxxxx 8y ago

For what? For pay transparency look at Congress staffers, lot of state employees, a lot of CEOs, the military or some tech companies. For the second point I think it's pretty well known that markets can only properly function if all participants have the relevant information.

renholder 8y ago
>For the second point I think it's pretty well known that markets can only properly function if all participants have the relevant information. So the markets have been improperly functioning, this entire time, because they didn't have the relevant information...?
- maxxxxx 8y ago
  Yes, the salary market is not functioning properly because one side has vastly more information than the other side.
Gibbon1 8y ago
> markets can only properly function if all participants have the relevant information. That's the reason why it's criminal for employers to punish employees for discussing compensation with each other and why employers try their hardest to prevent that from happening. I posit that in a lot of (most) companies profit is born wholly by the underpaid employees.

lazyasciiart 8y ago

Public servants. Sweden. Buffer.

renholder 8y ago
>Public servants All public servants or just those paid by your statea and/or federal governments? Could you find out how much someone made at the NSA, for example? >Sweden. Tax returns are not the same as pay transparency. In premise, yes, in practice, no, because a tax return is based on taxable income only. So, let's say I have tax credits for having three kids. My taxable income would be vastly different from yours, if you have no kids. >Buffer Overflow...?
- lazyasciiart 8y ago
  ....who do you think pays NSA employees? https://work.chron.com/nsa-pay-scale-16399.html https://work.chron.com/nsa-pay-scale-16399.html >Sweden. You are conflating tax returns and taxable income. A tax return shows the salary AND the tax credits. https://www.reuters.com/article/us-panama-tax-nordics-idUSKCN0X91QE https://www.reuters.com/article/us-panama-tax-nordics-idUSKC... >Buffer https://www.google.com/search?q=buffer+pay+transparency https://www.google.com/search?q=buffer+pay+transparency

rsanek 8y ago

Professional sports is one that is brought up frequently. Athletes seem to be fine with being paid different amounts, and they too must work as a team to succeed.