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I think pay transparency is a good thing. Companies should say pay rates. Other than irritating companies because they can't hide their pay rates, what is the p
by NotSammyHagar 5y ago
I think pay transparency is a good thing. Companies should say pay rates. Other than irritating companies because they can't hide their pay rates, what is the problem with the colorado law in your opinion?
- sokoloff 5y agoFor one, the law is ambiguous and seems to be written to cover the case that people are paid mostly hourly or in salary and requires numeric figures there but permits “general description” of bonuses, RSUs, and the like. If a company genuinely seeks to comply but their “general description” is later found to not be specific enough, are they on the hook for damages (or even defending against a frivolous lawsuit)? That one seems fixable by the CO legislature. Two, whichever state pioneers here risks making it just risky, uncertain or a pain in the ass enough for companies to nope out of hiring in CO. This one isn’t easily fixable except by a many-state compact, but being first will hurt some of your state’s residents. Three, what range would I post for lead singer of rock band? My high school buddies (also decidedly Not Sammy Hagar) play dive bars for $100, unlimited wings, and three buckets of beer, while Is Sammy Hagar commands significantly more. If I can post a range that’s wide enough to cover my expected range, which reflects the expected range of productivity of programmers, does it really tell anyone anything that they can’t get quicker from levels.fyi than from scanning my job listing? If the law changes to require me to post a tighter range per position, then I need to manage multiple listings and still nobody learns much of anything they don’t already know. (Assuming you think there’s at least a 2x spread from the least effective but employable SWE and the top SWE. I think it’s well over 5x, but surely at least 3x.)