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But now companies can collude to suppress salaries, as they can look up open reqs of competitors and stay within the same range. The only way this works out is
by hellojesus 4y ago
But now companies can collude to suppress salaries, as they can look up open reqs of competitors and stay within the same range.
The only way this works out is if you can privately negotiate above the published range.
Also, what is to keep employers from defining unique job categories for every role?
- bobthepanda 4y ago* they’ve already been prosecuted for doing this with the current opaque salary system * these nightmare scenarios have not played out in markets where this is already the law like CO. Jobseekers aren’t naive, they flood towards good job postings and leave shady practice job offers dry.
- hellojesus 4y ago> * they’ve already been prosecuted for doing this with the current opaque salary system My point is that it will now be easier to collude, as public postings can be scraped by anyone, so now collusion isn't done privately but through public signaling.
- lotsofpulp 4y agoThat is not collusion, that is just a market where supply of labor drastically outnumbers demand for labor. Indicating to suppliers of labor to supply their labor to different buyers.
- cogman10 4y agoIt was always easy to collude. Any company of a significant size (100+ employees) is hiring consultants to determine market rates for employees. Here's the one mine uses [1] Making that data public only helps employees because. 1. Current employees can look at listings and realize if they are underpaid or overpaid. 2. New employees can skip past low wage employers (forcing them to raise their wages if they want more employees). [1] https://radford.aon.com/products/surveys/technology-compensation-survey https://radford.aon.com/products/surveys/technology-compensa...