2 ms·
Some combination of market pressure and regulatory pressure. Market pressure: it'll be harder to attract people to a position without a listed salary band once
by trowawee 5y ago
Some combination of market pressure and regulatory pressure. Market pressure: it'll be harder to attract people to a position without a listed salary band once they get used to listed salary bands. Regulatory pressure: the law in Colorado isn't being enforced too strictly, per bkjelden elsewhere in the comments, but the law does require "the hourly rate or salary compensation (or a range thereof) that the employer in good faith believes it may pay for the particular job"[0]. If you post a ridiculous range, you're playing with fire; one report and one pissed-off regulator later and you might end up being the poster child for the state's enforcement of the law. I would personally not want to be on the receiving end when they decide to make an example of someone.
[0]: https://www.skandslegal.com/sks-blog/2021/1/15/colorados-new-law-requires-compensation-details-in-all-job-postings https://www.skandslegal.com/sks-blog/2021/1/15/colorados-new...