Earlier quoted context omitted.
What's the point of getting this data if it's not to pay less money? What is the value add?
To pay more money.
The limit on pay is the amount of money they can budget to the position not what other people are paying.
Ask HN: Why is Pave legal?
181–190 of 523 posts
Re: Ask HN: Why is Pave legal?
#182Earlier quoted context omitted.
I think that's widely understood and part of the job description of being a public servant. What's not widely understood is HR secretly selling your data while working at a private company.
> your data Is it yours though? The employer could probably argue that it's theirs. Devil's advocate: I think it's widely understood that entities can be transparent with their data if they choose, other than NDA scenarios.
Well, if we're discussing whose data it is the information about how much I pay you, even from a devi's advocate perspective, you can't do better than arguing that this data pertains to both of us. So we should share the property of that data somehow. I don't see how you could argue that that data would be solely the employer's data.
Re: Ask HN: Why is Pave legal?
#183FWIW, I believe that Pave works to raise engineering salaries. Every company wants to say, "We pay above the 50% mark", thereby steadily raising it over time.
Re: Ask HN: Why is Pave legal?
#184Earlier quoted context omitted.
Didn't work for Elizabeth Holmes
There's a difference between "doing an illegal thing as a product" and "lying to investors about your product"
This is true, although it's also true that many startups lie to, or mislead, investors about the state of their products. If things work out, then the investors don't care, and if they don't its usually at scale and messy enough the government isn't going to prosecute.
Re: Ask HN: Why is Pave legal?
#185The overwhelming question I have when reading these responses is "don't you guys read salary survey data when you're looking for a new job, or at annual review time?"
But then we're not sharing other people's personal information.
Isn't levels.fyi or similar just the employee side of the coin?
Re: Ask HN: Why is Pave legal?
#186Earlier quoted context omitted.
I think that's widely understood and part of the job description of being a public servant. What's not widely understood is HR secretly selling your data while working at a private company.
Yeah I used to work for the navy. Pay was standardized under the GS pay schedule and anybody could have looked that up. I was fine with that. In the private sector, your comp is determined by a negotiation undermined by an asymmetric information disparity. HR at a hiring company has way more information around market comp as it is without having your exact current comp when they make an offer. What I find particularl…
Some jobs fall under this "public sector" transparency but work much more like a private employer when it comes to salary negotiation. For example a state university recruits staff and negotiates compensation much like a private employer (no equity options of course) but your salary will be public if you are hired.
Re: Ask HN: Why is Pave legal?
#187Re: Ask HN: Why is Pave legal?
#188Uber and AirBnb are essentially illegal taxi and illegal hotel services. Remember taxi medallions? Remember zoning laws? Being illegal is not a showstopper for a startup because they are under a radar, being illegal is not a problem for a large business because they have enough power to not get prosecuted.
Anybody else remember that time YC funded an international smuggling operation? https://www.ycombinator.com/companies/backpack https://news.ycombinator.com/item?id=8199286
Anyone else remember when HackerNews had an adventurous libertarian ethos before the school marms infested the place with irrelevant and low vibrational commentary?
Re: Ask HN: Why is Pave legal?
#189I have never heard of Pave before, but this just sounds like yet another copy of Equifax's "The Work Number" [1]. Basically, HR at many companies gives your salary and employment history data to Equifax, who then sells access to the information to certain parties with supposed need to access it, including potential and current employers and creditors. This report is likely one of the most invasive consumer files out…
I downloaded a personal report from the work number website and found to my horror that my employer was reporting every. single. paystub. gross and net, to equifax. That felt like a huge breach of privacy. Given that equifax had already proven incompetent at keeping my data secure, I immediately sent HR a request to stop sending my supposedly 'confidential' pay info. They politely told me to kick rocks, so I went on…
I am an investor in equifax. Let me clear up a misconception on where the data comes from. Half the data comes from large enterprise customers, who “sell” the data in exchange for Equifax doing I-9 verification for free. The other half comes from 39 payroll companies. Every single payroll company except for Rippling and Gusto sell paystub data to Euifax. (Rippling will start next year). Those are exclusive revenue share deals. You cannot be a competitive payroll provider without the revenue share from Equifax. So before you blame your employer, they might not be selling it directly and even if they opted out, your payroll company will sell it anyway.
Re: Ask HN: Why is Pave legal?
#190Uber and AirBnb are essentially illegal taxi and illegal hotel services. Remember taxi medallions? Remember zoning laws? Being illegal is not a showstopper for a startup because they are under a radar, being illegal is not a problem for a large business because they have enough power to not get prosecuted.
uber: mostly not technically because the key thing is that they are not soliciting rides from the street, was my understanding.
airbnb had a much more legally tenuous start