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Ask HN: Why is Pave legal?

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Re: Ask HN: Why is Pave legal?

#41

Post by carlmr »

grues-dinner wrote: post #20
giladvdn wrote: post #9

Earlier quoted context omitted.

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.

It seems like the term Wharton graduates is now a wart on graduates' resumes.

Re: Ask HN: Why is Pave legal?

#43

Post by wccrawford »

aikinai wrote: post #19
nowyoudont wrote: post #11

Earlier quoted context omitted.

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!

Yeah, it seems more like they'd all shoot for 45th percentile and say "We pay competitive wages" instead, slowly driving the wages down.

Re: Ask HN: Why is Pave legal?

#45

Post by elawler24 »

I got access to Pave through one of my investors. Seeing the data made us set salaries and contractor rates higher, not lower. It’s like salary banding at big companies. It’s a framework for how much other people are paid at the same level, not a contract. HR will make it seem like a rule, but if you do spectacular work - you can always negotiate.

Collusion requires an agreement between rivals that negatively disrupts market equilibrium. Is this company not actually making the market more efficient and transparent? That said - an efficient market is good for the collective, not necessarily the rogue / outlier individual.

Re: Ask HN: Why is Pave legal?

#46

Post by zelphirkalt »

Well, I wouldn't mind getting my wage fixed, if that works both ways, down _and up_, because then I would be guaranteed to never earn less than average for my skill and experience. Assuming, that those things of course factor into the averaging. Person X with experience Y in position Z. However, something tells me, that there is a tendency towards the downwards direction and none towards wage increase.

(Background: In Germany not so many companies pay competitive wages for their software engineers, especially not, once you worked for some years and are no longer a bloody junior. So I calculate it would result in a wage increase for me, since everyone says I am underpaid for my experience.)

Re: Ask HN: Why is Pave legal?

#47

Post by theGnuMe »

Yeah this is borderline. It probably won't fly in California. In the past big tech companies (like Symantec) used to require you to submit your last W2 or tax return for a job offer. Credit card companies also sell your salary information etc...

Re: Ask HN: Why is Pave legal?

#48

Post by FooBarBizBazz »

grues-dinner wrote: post #20
giladvdn wrote: post #9

Earlier quoted context omitted.

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.

There's an unfortunate lack of fear.

Re: Ask HN: Why is Pave legal?

#49

Post by theGnuMe »

econcon wrote: post #30
chipgap98 wrote: post #21

Earlier quoted context omitted.

Stochastic wage fixing is still wage fixing

unless you collude with other companies, doesn't seem like it is.

unless disclosed to employees and applicants this seems like de facto colluding.

I always ask myself, as to the legality or ethics, would this survive review by a jury of my peers...

Re: Ask HN: Why is Pave legal?

#50

Post by felurx »

zelphirkalt wrote: post #46

Well, I wouldn't mind getting my wage fixed, if that works both ways, down _and up_, because then I would be guaranteed to never earn less than average for my skill and experience. Assuming, that those things of course factor into the averaging. Person X with experience Y in position Z. However, something tells me, that there is a tendency towards the downwards direction and none towards wage increase. (Background: I…

Genuine question: What makes you believe that an employer would decide to pay you more when they notice that they're paying you less than other companies would? Why wouldn't they just think "Oh, neat, we got such a bargain!"
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