Earlier quoted context omitted.
Works well until an employer does due diligence (ask for proof of your number). In my experience many (not all) do due diligence.
I've never had a company ask for proof of income and I wouldn't work at one that did. That's an insane requirement that should have nothing to do with whether or not I'm fit for the job and they're willing to pay what I ask for someone to do the job.
Massachusetts Bans Employers from Asking Applicants About Previous Pay
441–450 of 785 posts
Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#442Earlier quoted context omitted.
Your answer also shows a common misunderstanding about economics, because it takes too narrow a focus. If there exist jobs that produce $1MM in value but that have a going rate of 200k, then there should be more of those jobs: either the company doing the work should expand, or it should have competitors. This will lead to increased competition to hire, which means higher wages. The increased number of jobs might gen…
To put it in simpler terms, if an employee creates $100 in value but only costs $10, competitors will line up to outbid that $10 to poach that employee.
Price fixing is an actual thing, that's why we have labor laws. Also see: non-compete agreements.
Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#443Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#444Earlier quoted context omitted.
"How much value are you assigning to the risk the founder and investors are taking?" Absolutely 0, because they're not the ones doing the work.
Really? You think people should risk their money without compensation? Where can I find such people? And what makes showing up at the office and typing on a keyboard such a holy use of time that it alone deserves compensation?
Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#445Earlier quoted context omitted.
> Assuming your current salary is X. "So I currently make (X * 1.20), but in order to make the jump I need at least (X * 1.40)." Regardless of whether or not the employer actually does due diligence, why put yourself at risk by lying? The second half of that statement is the only part that matters. If you simply say "I need (X * 1.40) to make the jump", you'll accomplish your goal without putting yourself at risk by…
What is the risk? Honest question. Is there a legal risk in this?
Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#446I applied and soon after worked as an engineer for a large company that not only asked for my previous compensation but part of the application process involved my employer validating that I actually made what I told them. They worked with a third party to match my figures with W2 statements and/or pay stubs. It was really intrusive. Pay should equate to value, not some silly ladder climb
Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#447Earlier quoted context omitted.
>Well, they are. Clearly they aren't. Say an engineer can make a company $1 million per year. They are only willing to pay $200k per year in total compensation, but they complain that they can't hire enough engineers. Obviously they aren't paying enough per engineer. >At a certain point, don't you think it's better to share some of that opportunity with smart foreigners? How many Teslas does an American twenty-someth…
> They are only willing to pay $200k per year in total compensation, but they complain that they can't hire enough engineers. Obviously they aren't paying enough per engineer. Engineers are not created from money. You might be able to fill your positions by paying more, but not all of the positions in the entire country. Not without immigration or higher graduation rates. > Companies want to import foreign workers to…
Generally speaking, immigrants (about 1.2 million annually to the US) are free and full participants in the labor market, free to pursue the degrees and skills they wish, in response to salary, working conditions, career longevity, personal interests, and so forth. They may wish to open a sandwich shop, sell real estate, or write software. Just like people who were born in the US.
It turns out that, like those born in the US, these immigrants don't go into engineering in numbers that high tech employers feel they should. Personally, I think this is a sign that perhaps high tech employers need to sweeten the pot a bit - if people (immigrants or otherwise) who are free to choose aren't choosing you, that's the market's answer. It's not them, it's you.
Employers have responded by lobbying for what I consider to be a wildly self-serving and coercive visa that gives them the power to bestow and revoke US residency and work rights under the notion that there is a "shortage" of engineers. This enables them to say - we'll let you in if you study computer science and agree to write code for us for the "market rate" salary that fails to attract those with the freedom to choose their careers in sufficient numbers. We won't let you in if you don't take our tech test, and if you try to quit your job and open up a sandwich shop, we'll have you deported. You know, free labor markets.
I'm opposed to a system that allows employers to bestow (and revoke!) US residency and work rights on non-citizens under the condition that they study what the employer says they should study, work on what the employer says they should work on, live where the employer says they should live, and so forth. I think this position is very consistent with pro-immigration attitudes and personal freedom.
Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#448Earlier quoted context omitted.
I'm fine with the not discriminating part, it's the asking part I'm concerned with. It seems like censorship and going against Freedom of Speech to me. A better law would be that employers may not discriminate or refuse to hire someone if they refuse to tell them their previous salary. Specificity is key, just saying you can't ask feels too overreaching. The intent is to prevent discrimination, not speech.
We can't effectively legislate thought yet, although that hasn't stopped legislatures from trying and lawyers from making loads of money arguing over intent. It's incredibly difficult, inefficient and expensive to determine whether an asked question led to a discriminatory decision, so asking is prohibited instead.
Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#449I applied and soon after worked as an engineer for a large company that not only asked for my previous compensation but part of the application process involved my employer validating that I actually made what I told them. They worked with a third party to match my figures with W2 statements and/or pay stubs. It was really intrusive. Pay should equate to value, not some silly ladder climb
A while ago, I was in the middle of the job interview process for a company. Having read some rudimentary background on salary negotiation, I was somewhat prepared for how to deflect the "how much are you making?" question.
The next interview was a technical interview, so I wasn't too focused on this aspect of the interview process since I hadn't received a verbal offer. The technical interview went well, but suddenly the interviewer asked "what are you making right now?". Completely clueless, I started talking about the projects I was working on and various technical aspects. The interviewer nodded, and then replied "No, what I meant was what is your current salary?"
I was completely unprepared, fumbled and after some resistance gave up my salary after being told, "this process cannot continue until you tell us your salary". (They also subsequently asked for W2s as proof) I handled this extremely poorly and basically backed myself into that corner. Basically, they negotiated much better than I did, even if it meant resorting to heavy-handed tactics like that. Later on, HR explained this line of questioning to me by saying, "we ask for this information... not to draw a box around you, or anything like that, but so that we can give you an offer that matches everyone's needs".
Long story short, the offer came in at almost exactly $PREVIOUS_SALARY * 1.05. I politely declined.
While this process was painful, I learned a lot from it - always be ready to handle the salary question, even if the interview is supposedly a technical one. If you willingly give up your previous salary, in most cases, you're looking at an offer 5-10% higher at most. (Unless you're an outlier making several standard deviations above the mean) Don't let people box you in.
Re: Massachusetts Bans Employers from Asking Applicants About Previous Pay
#450I applied and soon after worked as an engineer for a large company that not only asked for my previous compensation but part of the application process involved my employer validating that I actually made what I told them. They worked with a third party to match my figures with W2 statements and/or pay stubs. It was really intrusive. Pay should equate to value, not some silly ladder climb