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Ask HN: Why is Pave legal?

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Re: Ask HN: Why is Pave legal?

#11

Post by nowyoudont »

mcntsh wrote: post #5

Wage fixing is when multiple companies agree to set wages at a certain amount. Sharing compensation data across companies doesn't necessarily mean wage fixing. Company A can use the compensation data from Company B to try and compete better for talent. Not saying thats what it will be used for, but it's technically not wage fixing.

I'm asking this as someone with 0 legal knowledge: doesn't the context matter? If every company takes this data and is like "we want to pay at the 95th percentile" (which is what they all do), that seems like wage fixing even if they're not all agreeing to it together.

Re: Ask HN: Why is Pave legal?

#15

Post by braden-lk »

“I’m not punching you in the face, I’m just putting my fist on a movement vector that happens to intersect your face.” I hope these guys get their shit rocked in court. I’m tired of a world run by cartels.

Re: Ask HN: Why is Pave legal?

#17

Post by vishnugupta »

nowyoudont wrote: post #11
mcntsh wrote: post #5

Wage fixing is when multiple companies agree to set wages at a certain amount. Sharing compensation data across companies doesn't necessarily mean wage fixing. Company A can use the compensation data from Company B to try and compete better for talent. Not saying thats what it will be used for, but it's technically not wage fixing.

I'm asking this as someone with 0 legal knowledge: doesn't the context matter? If every company takes this data and is like "we want to pay at the 95th percentile" (which is what they all do), that seems like wage fixing even if they're not all agreeing to it together.

That’s how pricing works in a market?

In fact if every company did pay at 95th percentile then I’d say it’s a good outcome. There’s a 5 percentile slack which is not too bad?

Re: Ask HN: Why is Pave legal?

#19

Post by aikinai »

nowyoudont wrote: post #11
mcntsh wrote: post #5

Wage fixing is when multiple companies agree to set wages at a certain amount. Sharing compensation data across companies doesn't necessarily mean wage fixing. Company A can use the compensation data from Company B to try and compete better for talent. Not saying thats what it will be used for, but it's technically not wage fixing.

I'm asking this as someone with 0 legal knowledge: doesn't the context matter? If every company takes this data and is like "we want to pay at the 95th percentile" (which is what they all do), that seems like wage fixing even if they're not all agreeing to it together.

If they’re all shooting for the 95th percentile and have up-to-date data then you certainly won’t have fixing; rather you’ll get insanely rapid wage inflation!

Re: Ask HN: Why is Pave legal?

#20

Post by grues-dinner »

giladvdn wrote: post #9
frankjr wrote: post #7

Huh, looks like they've pivoted (or is that a different Pave?). > Pave: We turn your Google Analytics data in actionable insights + reports with our data science AI algorithm. https://www.ycombinator.com/companies/pave

https://www.ycombinator.com/companies/pave-2

That proud phrase "HR Tech" in that link, gives me the heebie-jeebies.

I'd say "if you work in a company like this you're a bad person", but sociopaths, sorry, Wharton graduates won't give a shit anyway.

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