4 ms·

> I'm pretty confident posting wages will suppress wages What makes you confident about that? I only see evidence to the contrary. Having workers able to see w

> I'm pretty confident posting wages will suppress wages What makes you confident about that? I only see evidence to the contrary. Having workers able to see what other jobs are paying might encourage them to make moves to increase compensation. Hiding the numbers makes it less obvious if one is being taken advantage of, which is a reason employers have made it taboo to discuss pay.

nickff 5y ago
>"Hiding the numbers makes it less obvious if one is being taken advantage of, which is a reason employers have made it taboo to discuss pay. " Posting wages might make it easier for companies to match their offers to others, leading to a sort of collusion, and salary stagnation.
- _puk 5y ago
  Couldn't it work just as easily the other way? Especially with tech in such high demand. Posting wages might make it easier for companies to offer higher than others in an attempt to attract talent, leading to competition in the market, and salary inflation.
  - nickff 5y ago
    Sure, it could; I was just describing one way that posted wages could lead to stagnation. I suspect that different things will happen in different markets. It seems (to me) that software development may be unaffected, administrative workers might benefit, and unskilled workers may suffer.
- SketchySeaBeast 5y ago
  Considering I hear every company boasting of "competitive wages" which hasn't lead to any sort of massive wage race, I would expect they must have some understanding already. If anything this just removes the information asymmetry between employer and employee.
- N1H1L 5y ago
  > Posting wages might make it easier for companies to match their offers to others, leading to a sort of collusion, and salary stagnation. As if that hasn't already happened https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...

nickff 5y ago

>"Hiding the numbers makes it less obvious if one is being taken advantage of, which is a reason employers have made it taboo to discuss pay. " Posting wages might make it easier for companies to match their offers to others, leading to a sort of collusion, and salary stagnation.

_puk 5y ago
Couldn't it work just as easily the other way? Especially with tech in such high demand. Posting wages might make it easier for companies to offer higher than others in an attempt to attract talent, leading to competition in the market, and salary inflation.
- nickff 5y ago
  Sure, it could; I was just describing one way that posted wages could lead to stagnation. I suspect that different things will happen in different markets. It seems (to me) that software development may be unaffected, administrative workers might benefit, and unskilled workers may suffer.
SketchySeaBeast 5y ago
Considering I hear every company boasting of "competitive wages" which hasn't lead to any sort of massive wage race, I would expect they must have some understanding already. If anything this just removes the information asymmetry between employer and employee.
N1H1L 5y ago
> Posting wages might make it easier for companies to match their offers to others, leading to a sort of collusion, and salary stagnation. As if that hasn't already happened https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...