4 ms·
If neither prospective employee nor employer talk about salary up-front before investing many hours with interviews, travel, etc. that's just simply a screwup o
by Dave_Rosenthal 4y ago
If neither prospective employee nor employer talk about salary up-front before investing many hours with interviews, travel, etc. that's just simply a screwup on both sides.
This salary range thing won't fix that. Ready? The job listing is now "$100k to $200k depending on experience." If you are making $140k and hoping to make $160k the range doesn't help you at all. You still better talk about salary up front!
- llbeansandrice 4y agoOh I can make-up scenarios too! Ready? I make $60k because my company underpays and I don't work in tech where jobs tend to be very cushy and compensation information abounds! I start seeing job listings for my position with a floor of $80k. Wow I just made $20k more thanks to reducing information asymmetry! For a real example, I had plenty of recruiters and companies that _refused_ to "talk numbers" until the end of the process. Now that I'm further along in my career and finances I have the luxury of being able to shop around and kick companies to the curb that don't suit me. When I was first leaving college and had no income and little/no savings? A huge power imbalance in favor of the companies and I personally didn't feel comfortable pressing about salary. A law like this that I could have pointed to to just say "you have to tell me, them's the rules" could have had immeasurable impact on my career. This law obviously doesn't solve every situation, but you must be able to see the information asymmetry and power imbalance that exists that this will help resolve?
- BenFranklin100 4y agoThis. As an employer, we ask rough salary expectations up front. We take into account seniority, experience etc… in adjusting the salary to match a person’s worth too.