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I've recently seen that many job postings do include pay ranges. However, they only provide the base wage range; joining bonuses and stock grants are not includ
by alvatech 4y ago
I've recently seen that many job postings do include pay ranges. However, they only provide the base wage range; joining bonuses and stock grants are not included. I don't believe that this bill requires employers to report the full range of pay.
- singron 4y agoHonestly employers have been kneecapping themselves with this. E.g. Google job posts usually post base salary for L3 even if the listing is obviously for L5/L6. The total comp is like 2.5x the advertised amount. Why wouldn't they try to put the biggest number they can get away with?
- almost_usual 4y ago> Why wouldn't they try to put the biggest number they can get away with? They don’t need to, people already know.
- shapefrog 4y ago> Why wouldn't they try to put the biggest number they can get away with It is unusual in a negotiation to offer to pay the largest amount possible as your opening bid - they do it so they can pay the smallest number they can get away with. If there is someone amazing that they want to pay $25mil to - they wouldnt be advertising the role.
- almost_usual 4y agoStock grants and bonuses aren’t guaranteed to be worth anything. On the flip side someone who joined a company at the right time (pre-covid?) might have a stock grant worth much more than a new hire.