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Unions and public positions are not the only ones with public salary info. As I stated in an earlier comment: Airlines pay just like that (as do taxi companies
by aerosmile 5y ago
Unions and public positions are not the only ones with public salary info. As I stated in an earlier comment:
Airlines pay just like that (as do taxi companies and most other parts of the transportation industry). Guess what you all have in common? Zero agency. So when you take a job where the ideal output of your labor is 100% deterministic, then it makes sense for your pay to reflect that.
- joshuamorton 5y agoBut many extremely high paying, high agency jobs do have public or public ish salaries. Biglaw as one example, and functionally big tech as well. I know the salary ranges for my level, and the level above and below me, at Facebook and Amazon and Google. There's some numbers and a formula based on your performance rating, and for like 95% of people, those numbers and that formula will be within 5% of your compensation. There's lots of agency, and a fair amount of variability within a level (25%), but how your performance impacts that outcome is fairly well understood.
- morgante 5y agoI would definitely not characterize big tech as having "public salaries." Simply knowing someone's level is completely insufficient for knowing their compensation. When compensation within a level has $100k+ variability, it's definitely not public knowledge. Yes, if you have their full and work performance history you can determine their salary. But most people are actually quite uncomfortable with sharing their performance publicly.
- joshuamorton 5y agoFair, but ranges are functionally public (and when not public, they're still 90-95% algorithmic). I know what the upper end of what I can get paid without promotion is, and I know, generally speaking, what I need to do to get there.