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EU to mandate public salary information for all job postings [pdf]

europarl.europa.eu

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Re: EU to mandate public salary information for all job postings [pdf]

#21

Post by JCM9 »

mr_aks wrote: post #14
JCM9 wrote: post #6

These laws don’t have the effect people think they will in tech given that “salary” is often a small part of someone’s overall compensation. A role might say it has a $150,000 “salary” but if someone has say $300,000 in RSUs on top of that then they’re really making $450,000 with a $150,000 “salary”. Eg in the US employers must publish the “salary” for certain visa applicants, but those numbers are often only a small…

I'm from EU and in my country, RSUs are considered a kind of salary and taxed in the same manner so perhaps they will have to be mentioned as well? The idea is that you can get paid for your work by different means, money being only one of them.

RSU value at vesting is taxed like salary in the US too (gains post vesting would be taxed less at capital gains rates if one doesn’t immediately sell).

Re: EU to mandate public salary information for all job postings [pdf]

#22

Post by a_chris »

JCM9 wrote: post #6

These laws don’t have the effect people think they will in tech given that “salary” is often a small part of someone’s overall compensation. A role might say it has a $150,000 “salary” but if someone has say $300,000 in RSUs on top of that then they’re really making $450,000 with a $150,000 “salary”. Eg in the US employers must publish the “salary” for certain visa applicants, but those numbers are often only a small…

I'm sorry by Europe is not USA. We have no RSU and little to zera extra compensations. Salary is just salary. Please don't undervaluate this law proposal if you don't know what you are talking about

Re: EU to mandate public salary information for all job postings [pdf]

#23

Post by the_lonely_road »

mustyoshi wrote: post #16
pimterry wrote: post #2

The meat is page 5 under "The changes the proposal would bring". Highlights: * Job-seekers would have a right to information about the pay range of posts they apply for * Employers would be prohibited from asking about an applicant's pay history * Employees would have a right to ask their employer for sex-disaggregated information on the average pay of other workers doing the same work or work of equal value. * Emplo…

How does making salary public and not asking about applicants pay history work? If you tell them your title and employer, can't they just look up what you probably got paid?

I don't believe salaries are public but instead salary ranges alongside job postings. Someone please correct me if I am wrong as the former would be a much more valuable tool for labor.

Under the latter the range for SWE could be 40-80K and so a new employer could possibly find that job posting from around the time you say you were hired but still shouldn't have any idea if you were making the 40k or closer to the 80k. I believe this is intended to curb the market behavior of offering someone a pay you think they will accept rather than offering to pay based on the value of a role.

Turning the difference between those two numbers into cream for upper management to butter their bread is the status quo in America at the very least and likely in all of the western world, but leads to systemic discrimination amongst protected groups with weaker negotiating power.

Re: EU to mandate public salary information for all job postings [pdf]

#24

Post by boomskats »

0xedd wrote: post #17
pimterry wrote: post #2

The meat is page 5 under "The changes the proposal would bring". Highlights: * Job-seekers would have a right to information about the pay range of posts they apply for * Employers would be prohibited from asking about an applicant's pay history * Employees would have a right to ask their employer for sex-disaggregated information on the average pay of other workers doing the same work or work of equal value. * Emplo…

despite pay gap shown time and time again to be fiction, government monkeys are still dancing to that out of key tune.

Any external references to back up your 'pay gap shown time[0] and time again[1] to be fiction' claim?

FYI I had to read your comment a few times to try to pick out what you're trying to say without getting distracted by the gratuitous vitriol. It might make you feel better but it's not an effective means of actual communication.

[0]: ?

[1]: ?

Re: EU to mandate public salary information for all job postings [pdf]

#25

Post by simonh »

0xedd wrote: post #17
pimterry wrote: post #2

The meat is page 5 under "The changes the proposal would bring". Highlights: * Job-seekers would have a right to information about the pay range of posts they apply for * Employers would be prohibited from asking about an applicant's pay history * Employees would have a right to ask their employer for sex-disaggregated information on the average pay of other workers doing the same work or work of equal value. * Emplo…

despite pay gap shown time and time again to be fiction, government monkeys are still dancing to that out of key tune.

Overall in developed countries the pay gap has largely been closed over the last few decades, but remaining gaps are not fiction. There are still real and unjustifiable gaps in some employment sectors, especially in a region as diverse as the EU. Pay gaps in some Eastern European countries for example still persist.

Re: EU to mandate public salary information for all job postings [pdf]

#28

Post by brummm »

throw0101a wrote: post #11

Ontario, Canada had this but it was repealed. :( * https://www.cbc.ca/news/canada/toronto/doug-ford-ontario-job... Federally regulated industries in Canada have to do it: * https://www.canada.ca/en/employment-social-development/news/...

Of course it's fucking Doug Ford...

Re: EU to mandate public salary information for all job postings [pdf]

#29

Post by marginalia_nu »

a_chris wrote: post #22
JCM9 wrote: post #6

These laws don’t have the effect people think they will in tech given that “salary” is often a small part of someone’s overall compensation. A role might say it has a $150,000 “salary” but if someone has say $300,000 in RSUs on top of that then they’re really making $450,000 with a $150,000 “salary”. Eg in the US employers must publish the “salary” for certain visa applicants, but those numbers are often only a small…

I'm sorry by Europe is not USA. We have no RSU and little to zera extra compensations. Salary is just salary. Please don't undervaluate this law proposal if you don't know what you are talking about

Speak for yourself, I've had both RSU-like arrangements and bonus payouts on a similar order to my annual salary working in Europe.

Re: EU to mandate public salary information for all job postings [pdf]

#30

Post by avs733 »

rcMgD2BwE72F wrote: post #26
aborsy wrote: post #3

Honestly, it’s going to be embarrassing with these low salaries when we socialize with non EU colleagues!

… until you take into account everything covered by welfare states.

to simplify this statement: until you take into account that your taxes are used to provide important government services.
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