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For a job whose going rate is M, a company would offer N to Bob and N-d to equally qualified Alice. If they want to hire Bob, they have to publish that they off
by bulatb 4y ago
For a job whose going rate is M, a company would offer N to Bob and N-d to equally qualified Alice. If they want to hire Bob, they have to publish that they offer N so he applies. Now Alice knows that something is up when they offer N-d.
Theoretically this pushes d toward zero. M and N, I don't know.
- cetahfh14615 4y agoExcept they post pay ranges and not a single salary. They could just make the pay ranges really big and use the ambiguity to avoid the intended effect Also I have no clue whether it actually helps reduce pay gaps on average. I remember reading a study in either Australia or UK (can't remember where sorry) where it had the opposite effect
- bulatb 4y agoBetter information should in theory help with problems caused by lack of information. How it's implemented makes all the difference, of course. I have no idea what if anything this law will actually do.
- fortran77 4y agoIf they’ve been getting away with paying women less, why don’t companies mostly hire women to save money?
- bulatb 4y agoI get the sense you want me to defend a broader position. I was only answering that one specific question about why they mention d.