Seems like the law of unintended consequences at work?
Yeah these labor related laws really need to be administered federally to be effective.
Companies that are avoiding hiring in Colorado
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Re: Companies that are avoiding hiring in Colorado
#32This is a predictable consequence of a shortsighted legal requirement. How many people will be deprived of work opportunities because of this law? How many jobs will Colorado lose over the next decade or more until the legislature realizes what they've done?
Price transparency is a basic requirement of efficient markets.
What would be even better is making all tax records public. Then everyone knows what everyone else makes. Sunshine is the best disinfectant.
Re: Companies that are avoiding hiring in Colorado
#33Earlier quoted context omitted.
I think many of these companies are simply too lazy to have their compliance department review listings, and have chosen to pull them instead. Which still reflects just as negatively on them, but isn't quite the same. This law is absolutely a great step forward, but I've seen plenty of roles listing pay ranges like "Minimum - $30,200/annual Maximum - $289,200/annual," so I struggle to believe that the actual informat…
My guess is it has less to do with laziness and more to do with the financial cost of opening yourself up to lawsuits if you can't prove the wage difference isn't due to sexual discrimination. While I like the idea of forcing these companies to list salary on job posts I'm not sure I agree with the reason the bill was put in place. If I were a company I'd avoid CO as well. Plenty of other places to pick up employees.
>My guess is it has less to do with laziness and more to do with the financial cost of opening yourself up to lawsuits if you can't prove the wage difference isn't due to sexual discrimination.
Why would they not be equally open to that risk right now? I am not seeing any special connection between publicly listing a pay range and an applicant's gender.
Re: Companies that are avoiding hiring in Colorado
#34In a hot job market this will not affect overall unemployment in Colorado. In a severe downturn, Coloradans will probably be at a major disadvantage. We need a recession to figure out the real consequences. Who knows when that will be.
Re: Companies that are avoiding hiring in Colorado
#35Seems like the law of unintended consequences at work?
Yeah these labor related laws really need to be administered federally to be effective.
The challenge with that is if you can't get the Department of Labor to institute this (under a favorable administration), Congress is mostly deadlocked until the makeup up representatives turns over (through voter turnover). Alternatively, you could target enough states to pass this law that it would be useless to avoid listing your jobs in those states, as you'd be excluding excessive candidates from your candidate pool.
California, Oregon, Washington state, Illinois, Minnesota, and New York would be ideal next states to push this legislation. Texas and Florida would, of course, not be likely to pass such legislation although they each have large populations that would benefit from such pro labor statute. Turn the ratchet.
Re: Companies that are avoiding hiring in Colorado
#36This is a predictable consequence of a shortsighted legal requirement. How many people will be deprived of work opportunities because of this law? How many jobs will Colorado lose over the next decade or more until the legislature realizes what they've done?
Price transparency is a basic requirement of efficient markets.
The last thing anyone wants is efficient markets in labor. It would make unions illegal, for example, as the entire raison d'etre of unions is to use market power to raise prices in a coordinated manner. So let's not start pushing for "market efficiency" arguments because those will really come back to bite the proponents of this bill.
Re: Companies that are avoiding hiring in Colorado
#37The Colorado law to me strikes me as a pretty huge government overreach. I fully believe in minimum wage laws, and that feels like an appropriate regulation to me, but this just feels like it's almost attacking these companies, interfering with their hiring processes, and I fully see why companies would rather not bother hiring in what boils down to 1 mid-sized metro area than deal with the consequences.
Could you explain why minimum wage laws aren't overreach but this is?
Re: Companies that are avoiding hiring in Colorado
#38Why?
From the "Why does this matter" link on the first page ( https://www.coloradoexcluded.com/about ): "Companies are excluding Colorado from their remote employment opportunities in order to avoid sharing the salary range of their open positions. In May of 2019 SB19-085, titled the Equal Pay For Equal Work Act, was signed into law in Colorado. It's a fairly short read if you're not familiar with it, but its main goal is…
> but its main goal is enabling pay transparency to allow for people to know if they're being discriminated against with their wages
Won't this just lead to:
"hmm, I'm not a white male and I'm making less than average white male salary, therefore I'm being discriminated against"
"hmm, I'm not a while male and I'm making more than average white male salary, therefore I'm not being discriminated against"
Re: Companies that are avoiding hiring in Colorado
#39Given how bad most people are at negotiating their salary I didn’t expect this many workers to express a negative opinion of the law.
Re: Companies that are avoiding hiring in Colorado
#40The Colorado law to me strikes me as a pretty huge government overreach. I fully believe in minimum wage laws, and that feels like an appropriate regulation to me, but this just feels like it's almost attacking these companies, interfering with their hiring processes, and I fully see why companies would rather not bother hiring in what boils down to 1 mid-sized metro area than deal with the consequences.
It might be gov't overreach, but it might save both the employer and the job seeker's time if the range is listed.