3 ms·
Unsurprising. The ca law unfortunately isn’t robust enough. Standard deviation and inter quartile range is necessary in order to make any real assessment here.
by endisneigh 4y ago
Unsurprising. The ca law unfortunately isn’t robust enough. Standard deviation and inter quartile range is necessary in order to make any real assessment here. Ideally mean and median too.
- dymk 4y agoWhy? Let the market figure it out. If people don't like what Netflix is doing, then they won't apply for the job.
- justusw 4y agoIf this was anything but highly paid jobs in the tech industry, letting “the market figure it out” will not go well. Salary lower than minimum wage? No legal minimum parental leave granted? Hazardous work environment? Just quit and apply somewhere else!
- dragonwriter 4y ago> The ca law unfortunately isn’t robust enough Maybe, though Netflix just seems to just be blatantly violating the law, and the probably-unreasonable width of the range isn’t the most bright-line way. (Explicitly using total compensation instead of the mandatory salary or hourly wage is.)
- mightymikey 4y agoNetflix famously pays entirely base salary, letting employees take what percentage as options. In this case, they are reporting potential base because of their somewhat unique comp structure.
- Terretta 4y agoI thought the law is specifying base salary required, but not total comp. Meanwhile, Netflix offers flexibility in choosing base vs. equity rewards. So, while not required to, Netflix is providing the total comp guidance: "This market range is based on total compensation (vs. only base salary), which is in line with our compensation philosophy."