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I believe wage-fixing would require companies to agree to…fix wages. Having knowledge of average compensation is not inherently problematic. Firms are still abl
by numlocked 2y ago
I believe wage-fixing would require companies to agree to…fix wages. Having knowledge of average compensation is not inherently problematic. Firms are still able to decide to pay more or less than the prevailing wage.
- october8140 2y agoRealPage also gave recommendations. Giving a salary range seems like the same thing.
- cscurmudgeon 2y agoBy this logic, employees who share their salary publicly also contribute to wage fixing.
- Nevermark 2y agoIf it’s public there is no information asymmetry. There is no fixing.
- cscurmudgeon 2y agoHow? Information symmetry doesn't prevent fixing. E.g., rents are all public information. If it is public, won't employers still have access to the salary ranges for free? The very thing Pave is giving them at a cost?
- beeboobaa3 2y agoDo you actually believe they will be doing this?
- InsideOutSanta 2y ago"I believe wage-fixing would require companies to agree to…fix wages" They don't need to officially twirl their mustaches and laugh evilly while telling each other how they're definitely fixing wages. They just need to share data on wages with other companies in the same or a similar business with the intent of decreasing wages. That is already illegal, because they're colluding with competitors to keep wages low.
- cryptonym 2y agoThe whole point of getting such data is to ... fix wages.