3 ms·
> Yes god forbid employers are allowed to - checks notes - set wages. The Ministry of Truth knows better than they do what they can afford to pay for a given ro
by x-complexity 4y ago
> Yes god forbid employers are allowed to - checks notes - set wages. The Ministry of Truth knows better than they do what they can afford to pay for a given role!
> I applaud efforts to make companies publish salary ranges. It corrects an information disparity that leads to inefficiency. But what you propose (basically government-set salaries) is economically illiterate and would do nothing but harm employers and employees alike (not to mention the broader economy).
As noted in the provided definitions, the company can set their own ranges if they have existing staff that are currently performing the defined role. As noted here:
> (low_bound := min(current_salaries_for_role || government_average) * 0.85), and
> (high_bound := max(current_salaries_for_role || government_average) * 1.15)
if len(current_salaries_for_role) > 0, then the company can use it's own salaries for its own ranges.