4 ms·
As usual, the details are lacking. What does "pay scale" mean? Does it mean that the employer has to provide an exact salary for every person at the company wh
by djoldman 5y ago
As usual, the details are lacking.
What does "pay scale" mean?
Does it mean that the employer has to provide an exact salary for every person at the company who has the title the prospective employee is applying?
Does it mean a min-max scale?
What if it is a new position?
In the extreme and assuming the min-max scale, employers will now be incentivized to give everyone either totally unique titles or exactly the same titles, such that it will remove any disadvantage.
In the more likely scenario, this will probably raise the bottom payouts, while incentivizing more aggressive negotiating on the part of the employers. One can imagine many more take-it or leave-it scenarios, as the higher pay for the lower end has to come from somewhere.
Good? Bad? Blend of both?
- monocasa 5y agoIt means that on a job posting they have to post a range of salaries for that job. And the range can't be so broad as to avoid the spirit of the law, so no '$1/yr to $1M/yr'.
- woobar 5y agoI used to work for a company from Colorado. Internally they were sharing Salary range and Target Bonus for your position for as long as I remember (~10 years?). You will get this information in Workday or on paper once a year. From what I can tell from their current job postings they make this range public and include in the job description. It is not super helpful though. The range for a mid-level SWE is something like $100K-$150K. Almost as useful as Glassdoor.