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New York City to require employers to list minimum and maximum salaries

72 pointsby hswolffover 3 years ago

7 comments

dehrmannover 3 years ago
This might work better with government jobs than private sector, and it feels like public sector policymakers trying to manage businesses like they manage the government. Government jobs are more likely to have tight wage bands and strict requirements. The private sector will &quot;figure something out&quot; for a p90 candidate.<p>Since candidates will always ask for the top of the band, I&#x27;d expect either very tight bands and candidates get moved to &quot;more appropriate&quot; openings or bands covering 3 standard deviations so employers can claim the range is in good faith, but still leave room for negotiation.
Manuel_Dover 3 years ago
Minimum salary: $10,000 per year.<p>Maximum salary: $1,000,000 per year.<p>Legal compliance achieved, while still effectively maintaining confidentiality of salary info.
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literallyaduckover 3 years ago
All positions are now unique use a guid designation and have the same minimum as maximum are immutable. To change salary the position will be retired and a new one will take its place.
imapeoplepersonover 3 years ago
I’m worried I’ll get paid less so that others won’t have to get paid more.
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hellisothersover 3 years ago
At least in tech this has been mostly worthless in CA where your equity makes up 25-75% of your total comp and isn’t required to be reported since it isn’t your “salary”.
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commandlinefanover 3 years ago
Will be interesting to see how many (and which) corporations move headquarters to get around this.
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999900000999over 3 years ago
Way to make harder to get a job!<p>For my first salary role I took half the advertised pay as I knew less than half of what they wanted.<p>With this crap I&#x27;d just not get the job.
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