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The minimum salary paid for a position is useful information. The median or estimated median may be as well. Legislated disclosure of a maximum is useless. It
by butlerm 4y ago
The minimum salary paid for a position is useful information. The median or estimated median may be as well. Legislated disclosure of a maximum is useless. It implies that employees are interchangeable widgets with a cap on their market value that isn't more than some reasonable percentage of the minimum.
There are true superstars out there that some companies can afford to compensate properly, but they are generally remarkably atypical and their salary is irrelevant to what a person of ordinary talent and experience can expect. I think it is great that some of them are worth and can be paid nearly $1M / year, but I wouldn't expect that to be relevant to the salary negotiation of most engineers taking a job with similar duties.
- Rebelgecko 4y ago>The minimum salary paid for a position is useful information Is it? I found SWE roles with a salary range from 50,000-50,000. But in reality I doubt there's any engineers at Netflix making 50k
- butlerm 4y agoMisrepresentation of salaries actually paid is false advertising. There was a time when stores would get in trouble for advertising discounts from prices no one actually paid either, like a permanent sale.