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Ask HN: Why is Pave legal?

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Re: Ask HN: Why is Pave legal?

#381

Post by HeyLaughingBoy »

richardw wrote: post #329
gperkins978 wrote: post #252

Earlier quoted context omitted.

This is also why certain homes get hit in high-end burglary crews. There are multiple crews hitting those who purchase precious metals with physical delivery (like gold American Eagle coins). It is not all positive. Considering how few victims even bother to report such crimes, it is terrifying. From what I understand from my cousin, a career criminal, there are entire theft rings working off of databases such as the…

That feels like it should be its own post. But be safe out there.

Why? They could also target wealthy neighborhoods with pretty much the same outcome.

Re: Ask HN: Why is Pave legal?

#382

Post by HeyLaughingBoy »

MatthewMcDonald wrote: post #339
369548684892826 wrote: post #306

Earlier quoted context omitted.

But why not just pay by card, that must be even easier?

Many (most?) dealerships have a policy of not accepting more than a few thousand dollars on a credit card, they don't want to pay the fee

I think they can just run it as debit. That's what they did for my down payment when I bought a new vehicle this past June.

Re: Ask HN: Why is Pave legal?

#383

Post by HeyLaughingBoy »

UncleMeat wrote: post #369
Kon-Peki wrote: post #214

Earlier quoted context omitted.

… and the usage? Most highly-paid people have no idea how much privilege this affords them. You wonder why so many businesses are nice to you? It’s because they’ve already looked you up and know you’ve got a high income and are a millionaire. Write a personal check for your next automobile? Sure thing, you can drive it off the lot a few minutes later. They won’t even bother cashing the check for a week or two. Try do…

Fuck that. "Oh, aren't you happy we live in a world where the rich are explicitly treated better because they carry around a big sign saying 'I am rich' when interacting with corporations?" No. I am not.

When has that world never existed and when will it cease to exist?

Re: Ask HN: Why is Pave legal?

#384

Post by [deleted] »

danielmarkbruce wrote: post #282
Retric wrote: post #204

Earlier quoted context omitted.

You’re thinking of the actual budget for a position not what a company could in theory budget. A small businesses owner who pays themselves whatever is left over after expenses doesn’t care about what other companies pay, the company only has so much money. Apple could increase salaries up to the point where they make zero profit, but the goal is profit maximization not salary maximization. It’s fundamentally the att…

Small business owners aren't the target market and are likely to not use such a product. Hiring well is hard - it's not super obvious if you aren't paying enough or your company isn't desirable or what else is the cause of not seeing good candidates. While in theory you could solve that by wildly overpaying, in practice you have to be able to justify your decision to higher ups in most cases, and pointing to a tool t…

[deleted]

Re: Ask HN: Why is Pave legal?

#385

Post by tensor »

nowyoudont wrote: post #296
tensor wrote: post #122

Earlier quoted context omitted.

Your salary negotiation point speaks more to a call for open salary data, which many people have been arguing for. You're missing a lot with your second point though. If a company has excellent salary data and can put in you a band, then it also means that you have better grounds to argue for raises when you gain experience, or argue if you are underpaid, or even find jobs at companies who intentionally pay a higher…

I super agree that fully open salary data would be amazing. On the second point, I would argue that you have very little ability to determine when you’ve gained enough experience as an employee to argue for a raise. Whereas an employer with access to Pave has a _ton_ of ability to determine whether you have or have not. Yours is based entirely on personal experience and feel, plus maybe talking to a few coworkers. Th…

In many tech companies there is a skill matrix and competency attached to jobs, and these are tied to compensation bands. Often these skill matrices are given to employees too. When someone complains that they are not being paid fairly or that they are working at a higher level, these skill matrices are used by management to double check that the right hiring/raise decisions were made.

Mistakes get made and not all managers are the same, but believe it or not there are companies where senior management does try for consistency and fairness in how they set compensation. These companies also often have internal studies run that check for biases or oddities in compensation. E.g. which departments are above the standards, which are below, which are not progressing juniors enough. Without data all this is impossible. You can't build a fair, objective, and especially not transparent system without data.

Re: Ask HN: Why is Pave legal?

#386

Post by olyjohn »

zdp7 wrote: post #319
gperkins978 wrote: post #261

Earlier quoted context omitted.

In the US, most municipalities will publish each employee's compensation every year. You can literally look them up by name.

I think this is a little off, in that the data isn't coming from the various government entities or at least isn't required to be provided. I know at least in California most of the info is gathered by third parties using FOIA requests. It's also not associated with a SSN and just typically gives the annual compensation with limited categories. The Work Number on the other hand gets paycheck level details. Considerin…

Here is what Washington State does:

https://fiscal.wa.gov/Staffing/Salaries

Literally every single State employee's salary is listed here.

Re: Ask HN: Why is Pave legal?

#387

Post by __loam »

yonran wrote: post #262
keerthiko wrote: post #222

Earlier quoted context omitted.

Yep, basic human rights are priceless, and by capitalist mechanics, their pricing will always converge at "how much can we get away with in the current economy?" Government oversight is the only way we currently have to manage this somewhat. As an example in support of this, healthcare is barely price-regulated and hardly run by the government in America, and is thus extortionate.

> As an example in support of this, healthcare is barely price-regulated and hardly run by the government in America, and is thus extortionate. They are supply-regulated by governments. According to Niskanen Center, the high cost of health care is due to the American Medical Association limiting new accredited medical schools and certificate-of-need laws limiting new hospitals. https://www.niskanencenter.org/faster_f…

"Named after William A. Niskanen, an economic adviser to Ronald Reagan, it states that its "main audience is Washington insiders", and characterizes itself as moderate."

Barf. These seem like very erudite reasons when really the issue is running healthcare as a balkanized private system with opaque pricing information that patients often don't see until after they receive care is fundamentally an inefficient system. The government could run a single payer system at a loss and it would be cheaper than what we have now.

Re: Ask HN: Why is Pave legal?

#388

Post by __loam »

kstrauser wrote: post #239
__loam wrote: post #164

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?

I routinely get emails like "we'd like to hire you as our CTO, and because we just got a bunch of VC money, we're prepared to offer you a generous comp package of up to $90,000 salary plus .05% equity! Must be onsite in San Francisco." If they were aware of market rates, they could avoid making potential candidates laugh at them.

Founding engineer is the biggest ripoff in tech.

Re: Ask HN: Why is Pave legal?

#389

Post by fwip »

rrrix1 wrote: post #139
fwip wrote: post #127

Earlier quoted context omitted.

Many things a government does would be illegal if private companies did them. For example, prison, the draft, and taxes. The government is allowed to do it because we (as a society) believe it's better for the government to do these things than private individuals or companies.

You have heard of the Prison Indistrial Complex right? Our Prisons have been For-Profit for a long time now. Totally legal, government sanctioned privatized penitentiaries.

Yes, I have. Perhaps I should have made clear that putting people in prison was the thing that was illegal for private companies, not operating a prison.

Re: Ask HN: Why is Pave legal?

#390

Post by anomaly_ »

dawnerd wrote: post #302
Arelius wrote: post #211

Earlier quoted context omitted.

Do you have a sense of why, according to you Gusto will remain the only company that doesn't sell payroll data to Equifax?

Seems like something gusto can turn into a marketing point. Surely there’s a desire for a privacy respecting payroll/hr platform.

The actual buyers of payroll software don't care and if you think people are going to evaluate their potential employer based on what payroll solution they use, you are wrong.
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