Lol ‘lower salaries’ they were never legitimately offering those salaries you boot gobbling fool
Companies lower salaries in job postings as pay transparency laws take effect
Submitted 1 year ago by return2ozma@lemmy.world to workreform@lemmy.world
Comments
Taleya@aussie.zone 1 year ago
Bakkoda@sh.itjust.works 1 year ago
Last place I interviewed, recruiter and I agreed with my qualifications etc I should ask for 90k. They hired someone for 67.5k work no qualifications.
winkerjadams@lemmy.dbzer0.com 1 year ago
Sounds like they hired someone unqualified cause it cost them less and the person with no qualifications took it because so would you if that was your best option.
Moobythegoldensock@lemm.ee 1 year ago
“While they were being very competitive externally, they were threatening internal equity and internal incentives,” Pollak said. “There needs to be some [salary] growth year after year to keep people around and to keep them engaged.”
Translation: “If we advertise at market rates, our employees might figure out they’re all being underpaid.”
CileTheSane@lemmy.ca 1 year ago
These same companies: “Nobody wants to work.”
Crystal_Shards64@lemmy.world 1 year ago
I’m currently being underpaid roughly 12 to 20k compared to my coworkers because my job title is slightly different. Yet I’m the one training all of them. I’m going to leave when I can but I’ve been stuck for a while. Might have to find a completely different job/career eventually.
radiohead37@lemmy.world 1 year ago
Salary range: $35k - $270k
hightrix@lemmy.world 1 year ago
Was looking at a job posting for a role in CA and the range was, I shit you not, 75k-395k.
cm0002@lemmy.world 1 year ago
I kinda want to give them the benefit of the doubt because that’s just odd it seems as if someone just fat fingered the 3, because 75-95 makes a lot more sense
But then again corporate gonna corporate soooo
qarbone@lemmy.world 1 year ago
What that says to me is they are not looking to fill a specific position. They are collecting resumes for whatever internal backlog and, should they have a need, they’ll fill any necessary positions at those salary brackets from their resume pile.
Osa-Eris-Xero512@kbin.social 1 year ago
Sounds like software engineering
ohlaph@lemmy.world 1 year ago
Exactly. Literally saw that yesterday.
scytale@lemm.ee 1 year ago
Lmao I literally just got a linkedin email of a job posting in Netflix for a role similar to my current job. The salary range? 100k-700k.
radiohead37@lemmy.world 1 year ago
I thought I was already exaggerating a little with 35k to 270k. But now I feel it was realistic.
On a side note, please don’t even consider taking a job at Netflix. Everybody who works there is always under threat of losing their job. They constantly reevaluate employees and managers are forced to churn through people even when their team is working well. The culture is absolutely savage.
orcrist@lemm.ee 1 year ago
The article is written by people who don’t know history. Talking about salaries was never taboo, as the law clearly states, and of course unions always have done so, but companies tried to pretend the topic was off limits.
unfreeradical@lemmy.world 1 year ago
I guess lying to employees about the law is just what families do.
1847953620@lemmy.world 1 year ago
we’re like a family. The kind of family you move away from forever and drink to forget for the rest of your life.
Evotech@lemmy.world 1 year ago
Taboo and illegal are not the same though
It’s definitely been taboo within us companies
snausagesinablanket@lemmy.world 1 year ago
Talking about salaries was never taboo
The employee handbook of Cobleskill Regional Hospital in Upstate NY in 2000 put talking about your pay with another employee as a fireable offense.
Semi-Hemi-Demigod@kbin.social 1 year ago
The real number I'd like to know is how much value my labor is actually producing versus what they pay me.
nandeEbisu@lemmy.world 1 year ago
That’s pretty difficult for a lot of jobs. For someone in sales, easy, you can look at the value of the contracts they bring in. For someone who works in facilities maintenance or tech support? Good luck figuring that out.
Skates@feddit.nl 1 year ago
For someone in sales, easy, you can look at the value of the contracts they bring in.
I would argue against this. As someone whose sales guys overpromise just to get the contract signed, in order to see how much they actually bring in I would subtract the number of overtime hours/additional effort we need to invest compared to their initial sales pitch. Oh, you promised feature X is delivered in the first 2 years? Well when the customer doesn’t get it and complains about it, that’s going to go against your bonus.
Listen, I know the job is made so that they bring in the most contracts possible and then the techs need to figure out the rest. But if the company constantly gets in trouble with the same few big-name customers in the industry (making them not want to sign with us in the future because of unrealistic promises), maybe it’s time to consider that Sales’ approach is sometimes detrimental?
uriel238@lemmy.blahaj.zone 1 year ago
Businessmen, they drink my wine
Plowmen dig my earth
None of them along the line
Know what any of it is worth
paraphrand@lemmy.world 1 year ago
That would be some fun transparency. You could compare ratios and that ratio would be a number people talk about.
lemming741@lemmy.world 1 year ago
The national average is $128,502 in 2017 dollars, $160k+ today. That’s well over 3 times the median wage of $45k.
r00ty@kbin.life 1 year ago
They do hold that data of course, where possible. I've heard it called personal P&L.
But tbh I reckon it would only be a new source of depression to know. :p
shalafi@lemmy.world 1 year ago
That’s actually rather easy if you work for a publicly traded corp, at least to ballpark it.
Company profits / total workers. (<-this seems facile, what am I missing?)
OTOH, beware comparisons of pay scales.
“CEOs make too much!”
Do the math. CEO pay is typically 1/100th of a penny earned, sometimes 1/1000th, not a drop in the bucket. Don’t matter. When I was a kid, sports star pay was the thing to rage about. LOL, haven’t seen a single lemming comment about that. Whatever.
“I don’t make enough!”
And that’s very likely true, but you cost far more than you think. Good rule of thumb? Double your pay, that’s what you actually cost. You make $15/hr.? Company probably pays $30, or a bit more. Company has to pay worker’s comp insurance, taxes, benefits, unemployment insurance, payroll processing fees, all that and more.
SOURCE: Worked IT for a payroll company, got the inside scoop.
AtariDump@lemmy.world 1 year ago
but you cost far more than you think.
When companies pay peanuts compared to the C-Suite AND post record profits each year, I think the company could give me more than a 3% raise.
uriel238@lemmy.blahaj.zone 1 year ago
If you have to underpay your workers to make enough profit, then your business model sucks, and your company should fail.
Economics 1B
unfreeradical@lemmy.world 1 year ago
The full value of labor can only meaningfully be considered at the level of the enterprise.
You and your coworkers contribute labor worth the value of the products you create collectively, minus the cost of inputs and operation.
How such value is distributed within the enterprise is simply a choice by those who control the enterprise. No objective solution is available. Owners pay each worker the minimum possible for the labor to be provided, which may vary under current systems for each kind of labor, due to the commodification labor, which produces valorization by supply and demand, each quantity subject to variation depending on type of labor.
surewhynotlem@lemmy.world 1 year ago
This was never about raising salaries.
Now that the data is public, the companies can implicitly collude to keep them low. No one will offer more than any other, which will drive them down.
Maggoty@lemmy.world 1 year ago
They were already colluding. At least now workers can see it and form unions to fight back.
davemate@lemmy.world 1 year ago
Except if one chooses not to play ball and pay a little more, it can have the best of the pool. So others compete, I think that’s how this is supposed to work
knotthatone@lemmy.one 1 year ago
They share it amongst themselves via third party consulting firms already. This just gives the public visibility.
shalafi@lemmy.world 1 year ago
We just gave “big data” more “big data”. They surely won’t use it against us!
uriel238@lemmy.blahaj.zone 1 year ago
then no one will work if they can choose to not.
Paddzr@lemmy.world 1 year ago
Expected based on what? We’re recruiting, we had to increase the advertised salary twice. This is public, everyone at the company notices these increases. If they don’t come across to the existing people? It will be a riot and mass exodus. Something the company cannot afford to do. Replacing People costs an absolute fortune in time and money.
morgan_423@lemmy.world 1 year ago
Replacing People costs an absolute fortune in time and money.
Something that corporate America seems to not care about for some reason these days.
gimlithepirate@lemmy.world 1 year ago
Corporate America is operating on the Car Dealership model: there are enough rubes to fleece it’s not worth the effort to get quality customers/employees.
Moobythegoldensock@lemm.ee 1 year ago
If they don’t come across to the existing people? It will be a riot and a mass exodus.
No shit. Maybe you should pay your staff market wages?
shalafi@lemmy.world 1 year ago
Companies are paying “market wages”. So what’s your complaint and/or solution?
LOL, every shit job I ever had, “We’re proud to pay the going rate for this work!”
Good jobs I’ve had, and have now? Yeah, no bullshit talk like that.
spittingimage@lemmy.world 1 year ago
This is public, everyone at the company notices these increases. If they don’t come across to the existing people? It will be a riot and mass exodus.
That’s a feature, not a bug.
uriel238@lemmy.blahaj.zone 1 year ago
Considering how easily people are dismissed for failing to blow the management, I call shenanigans.
derf82@lemmy.world 1 year ago
That’s exactly what I would expect. The goal was largely to end the bait and switch.
SpaceNoodle@lemmy.world 1 year ago
The point wasn’t to just raise salaries, but to curtail deceptive practices. I’d rather know they’re lowballing me before starting the interview process.
anarchrist@lemmy.dbzer0.com 1 year ago
Alt headline: companies start posting more accurate salary descriptions after the government fucking made them.
Zaktor@sopuli.xyz 1 year ago
“Companies stop lying after government institutes consequences.”
snooggums@kbin.social 1 year ago
You know they are always low balling you though, right?
SpaceNoodle@lemmy.world 1 year ago
More than usual, obviously.