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Ask HN: Why is Pave legal?

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Re: Ask HN: Why is Pave legal?

#51

Post by michaelt »

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!

There's also a more cynical explanation.

It's possible the purpose of wage benchmarking companies is to allow bosses to say they pay the 95th percentile - which is useful to be able to say, when someone at an all-hands Q&A asks about raises and bonuses.

Then the benchmarking company simply has to define 'comparable roles' broadly enough to give the customer the result they want.

Re: Ask HN: Why is Pave legal?

#52

Post by hysan »

tazu wrote: post #31

> Pave is a YC-backed startup This thread is getting removed from the front-page in 3... 2...

I thought this was a joke comment but I went back after reading the comments and it’s now on the second page already.

Re: Ask HN: Why is Pave legal?

#53

Post by tazu »

hysan wrote: post #52
tazu wrote: post #31

> Pave is a YC-backed startup This thread is getting removed from the front-page in 3... 2...

I thought this was a joke comment but I went back after reading the comments and it’s now on the second page already.

It was at #3 for me and then suddenly demoted to the second page. It's pretty common for these touchy-YC threads.

Re: Ask HN: Why is Pave legal?

#54

Post by lantry »

elawler24 wrote: post #45

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 disrupt…

The market might be more transparent for the people who have access to pave, but for those who dont, the information asymmetry becomes worse.

Re: Ask HN: Why is Pave legal?

#56

Post by maeil »

tazu wrote: post #53
hysan wrote: post #52

Earlier quoted context omitted.

I thought this was a joke comment but I went back after reading the comments and it’s now on the second page already.

It was at #3 for me and then suddenly demoted to the second page. It's pretty common for these touchy-YC threads.

Page 3 now.

Re: Ask HN: Why is Pave legal?

#57

Post by you_should_die »

FooBarBizBazz wrote: post #48
grues-dinner wrote: post #20

Earlier quoted context omitted.

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.

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