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Posted by 1659447091 1 day ago

Britain to make salary disclosure in job ads mandatory(www.reuters.com)
608 points | 452 commentspage 5
tokai 1 day ago|
Even better than salary disclosure is collective bargaining. Then its doesn't matter if they disclose anything, you'll get the industry agreed salary matching your seniority - and then you can negotiate from there.
BobBagwill 1 day ago||
No! Think of the children!

How will they be motivated to finish school if they can see what the starting salaries really are ?!?!?

999900000999 1 day ago||
In America companies love to play games, maybe it’ll work in Britain though.

I firmly believe the salary should be fixed, non negotiable and public information.

Cash > equity. But in America workers have no real rights, even with proof your boss lied to you to deny your right to equal pay not many options exist.

Wage theft is the number one form of theft in the US.

syngrog66 1 day ago||
as with anything, use it as a signal upon which to filter or rank opportunities. its wise to invest our time on those who demonstrate they value us the most. simply reciprocate back. why? life short, time precious.
Markoff 1 day ago||
meaningless legislation if it means, employer can just publish range somewhere between legal minimum wage and let's say double of what they will pay you, so you will gain absolutely zero knowledge what is the actual range

if the law wasn't toothless they should make it mandatory to publish median salary for this position in specific advertising company, then you would know median of your future colleagues (and so would they)

cowlevel 16 hours ago|
would be a red flag against that employer
Markoff 7 hours ago||
that works only when there are more jobs than applicants (or at least if there are not more than 10-20 applicants for a single job offer), it may be red flag for someone employed, certainly not for unemployed
akeel_mohamed 1 day ago||
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entterprice 1 day ago||
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tyrabound 1 day ago||
There are all kinds of reforms needed in that space; like whether a position is eligible for internal hire or not, requiring that a job posting must lead to someone being hired, making it illegal for jobs to be posted on fake foreign job sites in order to claim no native job demand exists as justification to import foreign labor, requiring a 100% visa employment tax on the fully burdened rate, making all executive bonuses taxable at 100% for any company that hires Visa/foreign labor, etc.
fnord77 1 day ago||
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poisonborz 1 day ago|
Such laws do not really help in practice. Does a 60-90k range in EU, commonly given to engineering roles, offer any real guidance? A better system would be publishing the average salary for a similar role, but that would be a privacy problem for a low headcount team, or if the role doesn't exist yet... This is a really hard problem.
igorkraw 1 day ago||
It's actually not hard at all, it's only a problem for companies if they fail to keep it secret. Norway has had their tax records public for ages https://www.weforum.org/stories/economic-growth/norway-can-s... and their society and economy seems fine, except they it's extremely easy for new grade to know what they can ask for.

The "complications" are basically employer and manager propaganda because the information asymmetry suits them better than people realising they are undervalued and leaving

colmmacc 1 day ago||
Salaries being a public record does come with some downsides for employees.

For the low-paid, it can make it even harder to get credit, or a place to rent, and it can be used for other kinds of discrimination. For the highly-paid, service providers and sales people can use the information to increase the prices you pay and make negotiation harder.

hawk_ 1 day ago|||
More transparency in a society is for the better. This shouldn't stop at salaries. Why aren't service providers required to disclose what they charge others? Why aren't dentists, lawyers, surgeons etc... required to report their stats? All of those would break information asymmetry and make for better decisions all around and less scams.
hdgvhicv 1 day ago||||
Credit isn’t a problem - your salary is already known as you provide bank statements etc. in the uk there are maximum rent:salary ratios for example.

Parasitical private equity firms maximising their prices is a reasonable worry.

em-bee 1 day ago||||
your bank already knows your salary, and if they don't they are going to ask for it as a condition to give you credit. in some countries landlords ask for proof of income too. the less regulated these areas, the more likely that is going to happen.
sehansen 1 day ago||||
In Scandinavia you need to provide salary information to get any kind of credit anyway.
badpun 1 day ago|||
Even better, grocery stores might make various discounts and promotions eligible based on whether you belong to a certain bottom percentile of income. That’s the holy grail of price discrimination („milk them for all they have”), which is now attempted to achieve only through imperfect means such as premium brands, up-sells etc.
wongarsu 1 day ago|||
Ranges are still somewhat useful. If they low-ball the upper bound, anyone expecting close or above the upper bound is unlikely to apply. So there is incentive to be honest about that end at least. But as an applicant (or current employee), knowing the upper bound the company is willing to pay for this position is useful information for salary negotiations (and to enable you to spend your limited time and resources in applying to well-paid jobs)

Obviously it's not perfect. But as you say, it's a difficult problem. And salary ranges are at least something

NicuCalcea 1 day ago|||
In my experience, they will offer a bit above the advertised minimum of the range. So if I wasn't happy with £60,000, I wouldn't consider that job, and I definitely wouldn't apply on the basis that maybe they'll offer £90,000.
agenticfish 1 day ago|||
I think that it does. If you’re looking for a 120k a year job you know that you won’t have to apply.
ChrisRR 1 day ago|||
Of course it helps. Often if a company is not advertising their salary it's because they're either trying to lowball you or the current staff
jakey_bakey 1 day ago||
That's fine though - As long as they're publishing the actual range that they like realistically pay someone, there's literally nothing wrong with that.
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