Earlier quoted context omitted.
Yeah, none of that is true. There is no federal sales tax, and sales tax in most places didn't ever come close to 10%, let alone 20%. In many states it's 0. Filing your taxes is free. Maybe you can spend $30 if you want to use turbo tax to do it for you. Any job with these salary differences provides great health care and benefits. Cars exist in Europe, I know many software developers there that have them. Why people…
Have you ever filed your taxes by hand? The system is set up to basically force you to use a tool, and many tools aren’t free, especially if your income is above a certain amount. While not every point in the parent is fully accurate, dismissing all of them does a disservice to the point that the hidden costs do add up and generally you aren’t as well off in USA as you would think based on salary alone.
EU to mandate public salary information for all job postings [pdf]
131–140 of 388 posts
Re: EU to mandate public salary information for all job postings [pdf]
#132Earlier quoted context omitted.
I used to think this (as a euro), then I met an American and he explained that he ended up better off in Europe on a "lower" salary because he hadn't considered the hidden costs of living in the USA. He claimed (though I'm certainly no expert) that you have to do your own taxes and set aside money for that; he also claimed that "sales tax" had local, state and federal taxes applied, so while it varies from state to s…
>He claimed (though I'm certainly no expert) that you have to do your own taxes and set aside money for that; Unless you're a contractor, small-business owner, or some other sort of self-employed, no. Taxes are deducted automatically from your paycheck by your employer from every paycheck. At the end of the year you need to file a tax return, and you can do this yourself for free. But even most paid tax return servic…
Re: EU to mandate public salary information for all job postings [pdf]
#133Earlier quoted context omitted.
This is weird because it's such an easy question to answer. "Performance management isn't an exact science and if everyone knew everyone else's pay, it would be total chaos and nothing would get done."
If everyone knew everyone else's pay, we'd end up paying everyone more money, since those overpaid will complain, and those underpaid will shut up. Such a system will encourage rigid pay schedules (ie. all engineers with 5 years experience get X, non-negotiable). Rigid pay like that advantages poor performers, and good people leave. The end result is a company giving pay transparency ends up either with a much bigger…
I think that a system based on secrecy and/or asymmetry of information won't last long, and in fact I think the current "chaos" happening in the labor market suggests that a majority caught on to what their "true" market value is despite salary secrecy and companies will have to deal with a bigger labor bill no matter what.
Re: EU to mandate public salary information for all job postings [pdf]
#134Earlier quoted context omitted.
The reality is that not everyone brings equal value to an org. Some are rockstars and others are meh. It’s natural, and you should be incentivized to improve.
The reality is I spend time applying for a job which claims a "competitive" salary for a "network architect", and eventually find it's in the 35-45k range "depending on skills" Those companies then run off to government saying "we can't employ anyone" Fortunately more and more job listings on linked in are listing ballpark salaries so it's easy to ignore them, there's a few coming up which are reasonable salaries for…
Re: EU to mandate public salary information for all job postings [pdf]
#135Earlier quoted context omitted.
> Taking a career break to have children, historical 'steering' of women away from STEM subjects in education, some apparent natural tendency for many women to avoid such subjects even when they have a free choice, a tendency for women to not challenge their compensation or push for raises compared to men, women's tendency to avoid overtime compared to men which can affect their advancement prospects. I mean, all of…
Gender is a made-up concept with no sensible definition. The defining quality is sex . Having children is simply more burdensome and time-consuming for women, no way around it (except artificial wombs in the distant future). I've advocated "child-bonus" before (i.e. paying companies extra when their employees get pregnant and on maternity leave), but I doubt that idea will gain any popularity. When even in the most e…
It's not unreasonable social calculus to just say "We the government are going to pay you your potential lost earnings, if you decide to have a child."
In the US at least, existing policy is mostly targeted at family units (via tax credits), which doesn't really bear on an individual's opportunity cost and decision to have children or not.
Re: EU to mandate public salary information for all job postings [pdf]
#136Earlier quoted context omitted.
I rather liked it when employers asked about pay history because I used to lie about it. I managed to double my salary in two job jumps!
You are lucky they did not use equifaxs https://theworknumber.com/ to get your salary info. Or maybe they did and your salary info wasn’t there. Many of my employers have reported my salary to that database without my consent. It is easy to obtain. There was an article on HN about it within the last month.
Re: EU to mandate public salary information for all job postings [pdf]
#137Is there anything in this text that would prevent a company from posting offers with very large ranges? "this position salary can be from €35k to 75k€ depending on multiple factors" Such ranges would render it pointless
> Such ranges would render it pointless Employers will pull shenanigans, surely, but it's a start. And when the lower bound doesn't compare well with competing offers, the employer might risk losing the best.
We either do nothing at all and leave the marketplace to the forces of favoring the employer or the other way around.
Re: EU to mandate public salary information for all job postings [pdf]
#138I look forward to when every human interaction is finally regulated in law, and we're still not happy.
Re: EU to mandate public salary information for all job postings [pdf]
#139Honestly, it’s going to be embarrassing with these low salaries when we socialize with non EU colleagues!
I used to think this (as a euro), then I met an American and he explained that he ended up better off in Europe on a "lower" salary because he hadn't considered the hidden costs of living in the USA. He claimed (though I'm certainly no expert) that you have to do your own taxes and set aside money for that; he also claimed that "sales tax" had local, state and federal taxes applied, so while it varies from state to s…
Re: EU to mandate public salary information for all job postings [pdf]
#140Earlier quoted context omitted.
If everyone knew everyone else's pay, we'd end up paying everyone more money, since those overpaid will complain, and those underpaid will shut up. Such a system will encourage rigid pay schedules (ie. all engineers with 5 years experience get X, non-negotiable). Rigid pay like that advantages poor performers, and good people leave. The end result is a company giving pay transparency ends up either with a much bigger…
> The end result is a company giving pay transparency ends up either with a much bigger labor bill, or staffed by poor performers. I think that a system based on secrecy and/or asymmetry of information won't last long, and in fact I think the current "chaos" happening in the labor market suggests that a majority caught on to what their "true" market value is despite salary secrecy and companies will have to deal with…