Posted by 1659447091 1 day ago
How will they be motivated to finish school if they can see what the starting salaries really are ?!?!?
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.
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)
The "complications" are basically employer and manager propaganda because the information asymmetry suits them better than people realising they are undervalued and leaving
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.
Parasitical private equity firms maximising their prices is a reasonable worry.
Obviously it's not perfect. But as you say, it's a difficult problem. And salary ranges are at least something