Some states putting salary transparency laws into effect this year.
These laws require that salary ranges be posted in job listings.

For exceptional candidates, do you think companies will pay above the ranges in the job posting?

I tend to believe transparency and information sharing is an overall benefit to society, and leads to more efficient use of resources and more rapid innovation.

However, efficiency isn't alway the best for the human experience. Will transparency laws create too much drama, perhaps envy, and further complicated employee-employer relationships?

Will it help the labor market move more efficiently with more rapid labor price discovery?

Curious to the pros and cons on this I may not be considering.

It's pretty normal for companies to give a salary range during initial talks now. Mine hires at the midpoint but we can increase it if we give a justification.

I'm sure the angry patrol will somehow see this is a bad thing. I've had interviews where company's post the salary range and once I get the job it's not even close, at that point I just walk off. Big Corporate wants to keep people poor

not hedge said:

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I'm sure the angry patrol will somehow see this is a bad thing. I've had interviews where company's post the salary range and once I get the job it's not even close, at that point I just walk off. Big Corporate wants to keep people poor

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Just because you're not impressive enough to companies to demand a high salary doesn't mean the system is rigged. Many do quite well at big companies.

Laws for this are dumb.

A good company will advertise their #1 draw for great employees, salary (range, if applicable) and stick to it unlike Hedge's example.

waitwhat? said:

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It's pretty normal for companies to give a salary range during initial talks now. Mine hires at the midpoint but we can increase it if we give a justification.

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But that is not public, these laws require the salaries be posted publicly, so other employees and employers will see them. Obviously, underpaid employees will be mad.

I'm not talking about demanding a high salary. I'm talking about going into a job with the minimum expected salary base, but once you get it they say "oh that's not correct on the job posting or some other BS"

For example company x posts salary range for 70k - 100k. I go in with the expectation I'm getting 70k, but once the dust settles they say something like 55k or 60k.

not hedge said:

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I'm sure the angry patrol will somehow see this is a bad thing. I've had interviews where company's post the salary range and once I get the job it's not even close, at that point I just walk off. Big Corporate wants to keep people poor

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This guy previously says he's not gonna bust his ass at his job without increased compensated, then complains that he isn't worth more money.

My junior high kids have more ambition than you do.

So for the first time we will see companies list the salaries for the same job in a male column and female column? And a white column and "people of color" column? Right? Oh wait….that "paygap" narrative is complete bull**** and a farce and only absolute morons believe that nonsense.

You're not reading what I'm writing

not hedge said:

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I'm sure the angry patrol will somehow see this is a bad thing. I've had interviews where company's post the salary range and once I get the job it's not even close, at that point I just walk off. Big Corporate wants to keep people poor

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This has happened multiple times to you and you have immediately quit? What questions do you ask when the role is posted at $15 - $18 and you find out on your start day that you are making $12? What answers are provided by the man to those questions? Was the rate of pay discussed prior to you accepting the job?

I bet your resume is awesome with all those 1 day jobs, and really help you leverage better salaries and roles at future interviews.

Ol_Ag_02 said:

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not hedge said:

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I'm sure the angry patrol will somehow see this is a bad thing. I've had interviews where company's post the salary range and once I get the job it's not even close, at that point I just walk off. Big Corporate wants to keep people poor

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This guy previously says he's not gonna bust his ass at his job without increased compensated, then complains that he isn't worth more money.

My junior high kids have more ambition than you do.

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It's good to know your worth, but first be sure it's not a self delusion.

It's happened to me twice when I first got out of college and many of friends I know. My resume background was not great but if a company states salary at 15-18 I am expecting to them to honor the minimum

not hedge said:

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You're not reading what I'm writing

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I know what you're writing. All of your F16 posts can be basically summed up with one statement. You want my salary without the years of expertise, experience, hard work, and effort.

In keeping with this, there have been job postings with the salary range listed as $1-$1,000,000. Technically it is true.

No that's not what I'm saying at all.

If a company has a salary range they should honor the minimum, not decrease even more once the interview process is done. You're too blinded by my posting history to look at this objectively

Sound like we need a law that says an interviewee is no longer required to take what the salary offer is.

Didn't even know so many people had to accept salaries they didn't agree to. Crazy these days!

Awesome posts, hedge

Making it a law that it be posted seems like a bit far to me. More and more places are already doing it. Personally, if it isn't listed I tend to move past that posting. I have had a couple interviews where I liked the place and they wanted to hire me but we weren't even in the same ballpark regarding compensation. Being upfront in the beginning saves everyone time and effort.

I love this board, take one thing I say and twist it

not hedge said:

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It's happened to me twice when I first got out of college and many of friends I know. My resume background was not great but if a company states salary at 15-18 I am expecting to them to honor the minimum

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Hah. You admit your resume sucks but want them to give you 15. You should be thanking them for taking a flyer on a kid that's obviously not qualified and bust your ass to show it.

You can't even see why you're in these positions, even when you type it out yourself.

Company dodged a bullet IMO. As people leaders we all know your type. Expects promotions and big raises just for showing up and skating by. We push you out as quick as possible and make you someone else's problem.

Ag06Law said:

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Awesome posts, hedge

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As always.

What are you talking about? If a company says their minimum is 15 why would I expect them to not offer 15?

Colorado passed a law like this a few years back.

Job listings decreased.

not hedge said:

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What are you talking about? If a company says their minimum is 15 why would I expect them to not offer 15?

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Becuase you're not worth the 15, HTH.

I'm not, that's why I get paid around $46hr

not hedge said:

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I'm sure the angry patrol will somehow see this is a bad thing. I've had interviews where company's post the salary range and once I get the job it's not even close, at that point I just walk off. Big Corporate wants to keep people poor

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You really need to find a startup or a small company to work for. I'm no fan of Big Corporate but your seething hatred of them is never going to make you a compatible hire in that environment.

And Big Corporate doesn't want to make people poor. Their existence is to make a profit (historically) and that involves increasing revenue while limiting costs. Salaries and benefits are a necessary cost that companies have to balance between what the market demands and what they can afford.

In 2023, we now have the added societal demand that Big Corporate must be a social steward and follow left wing ideology which obviously has nothing at all to do with actually making any money. That experiment is what partially drove me away from corporate as that requirement makes them a fifth column of the government.

BMX Bandit said:

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Colorado passed a law like this a few years back.

Job listings decreased.

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I'm of the mind that the other possible, unintended consequence is that it will reduce overall salaries.

I've worked for a small company, will take corporate any day. At least for the benefits they offer

not hedge said:

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I'm not, that's why I get paid around $46hr

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[You can make your point without being disrespectful to other posters -- Staff]

not hedge said:

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I've worked for a small company, will take corporate any day. At least for the benefits they offer

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Then I guess you'll have to suck it up and deal with it.

not hedge said:

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I've worked for a small company, will take corporate any day. At least for the benefits they offer

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I've worked big and small, and they each have their issues. Big, you are just a cog in a wheel. Getting ahead has more to do with how you play politics than your work. At a small place, you actually have impact on the outcome of a project (good or bad). However the pay and benefits are often limited, and many times you are limited by the vision and resources of the people running the place.

Moral of the story? I guess work for yourself if you can.

not hedge said:

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I'm not talking about demanding a high salary. I'm talking about going into a job with the minimum expected salary base, but once you get it they say "oh that's not correct on the job posting or some other BS"

For example company x posts salary range for 70k - 100k. I go in with the expectation I'm getting 70k, but once the dust settles they say something like 55k or 60k.

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If a company pulls something like that, then you know that is not a place you want to work. You don't need a law to figure that out.

Agree, I still think there should be more transparency IMO