Interesting, I know of a place where the same law had pretty much the opposite effect: every company pretty much just posts sth like "The minimum salary for thi

Interesting, I know of a place where the same law had pretty much the opposite effect: every company pretty much just posts sth like "The minimum salary for this position is 35k/year, but we will overpay based on qualification". In reality, they'll easily pay 2-3x that amount, but my suspicion is that the law had an overall downward effect on salaries (especially at the junior end - being offered 1.5x the advertised amount might feel like a great offer if you don't have a good idea of the market).