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They law only requires the salary portion of total comp when it comes to ranges, and a judge needs to think the range is reasonable if it comes to that. Everyt
by monocasa 4y ago
They law only requires the salary portion of total comp when it comes to ranges, and a judge needs to think the range is reasonable if it comes to that. Everything else can just be a "general description", so "equity" in the description probably suffices for RSUs.
And AFAIUI, they don't really have that much of a problem with actually hiring people a little above the range. It's thought that the labor market pressures of stating too low of a salary range cutting into your talent pool is an appropriate counteraction.
- jacobsenscott 4y agoSure - I know only salary needs to be specified. My point is, while the CO law (I live in CO) is a step in the right direction it doesn't have a lot of bite. There is still plenty of room for significant pay discrimination - like $100,000 of room.
- monocasa 4y agoI also live in CO, and know of specific cases where someone got popped for obviously too broad of a range covering most of the income percentiles. I agree that there's still room for discrimination, but it's a step up from what it was, particularly on the lower end of the scale. I know of a lot of people in the 50k-60k range that were able to increase their salary because of this law.