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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]

#151

Post by Gareth321 »

gruez wrote: post #81
Levitz wrote: post #61

Earlier quoted context omitted.

While we are at it, the cost of a product should depend on its objective value, not what the market pays. My point being that sure, ideally it wouldn't be like that, but any implementation I can possibly think of is not viable at all. Jobs are fairly unique things.

> While we are at it, the cost of a product should depend on its objective value, not what the market pays. "What the market pays" is the objective value.

The job market is a market, and if the job market dictates that the wage is set in part by one's ability to sell themselves to potential employers, then the (job) market is currently setting objective value (wages).

I'm not making a value judgement of your premise. Just pointing out that your argument works as well against you as it does for you.

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

#152

Post by kerneloftruth »

Not every employee in role X is as good as every other employee in role X. The better ones deserve higher pay, which creates an incentive for the others to up their game so that they, too, can earn more.

Why try harder if it's run like romper room?

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

#153

Post by simonh »

darebak wrote: post #91
simonh wrote: post #25

Earlier quoted context omitted.

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.

Isn't Eastern Europe more progressive when it comes to female participation in the workforce? Also I find it hard to believe there's a significant pay gap for the same position when the workers have the same experience and the same education. Or that that gap is gendered, meaning that weaker negotiatiors get lower salaries.

For workers with the same experience, personality traits (there's a big overlap between female and male personality traits), employment history, etc in the most progressive nations the remaining pay gap is just a few percent. Small enough that it's on the edge of the error bars. It's bigger in the US. A lot of the claims that there's no pay gap are based on countries like Sweden, and then misapplied to the US which does have a persistent unjustified pay gap, albeit a much, much smaller one than even a few decades ago.

We are definitely and very clearly moving in the right direction, there's no question about that, but we're not quite there yet.

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

#155

Post by smnrchrds »

praestigiare wrote: post #132
HideousKojima wrote: post #102

Earlier quoted context omitted.

>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…

As far as I can see in the definitions, Household Final Consumption does not include public expenditure on behalf of individuals (that would be "Actual Household Final Consumption). US healthcare expenditure per capita is a bit over 10,000, almost exactly accounting for the gap seen in that list between the US and the richer European countries.

OECD data has an indicator for household disposable income including "social transfers in kind, such as health or education provided for free or at reduced prices by governments and not-for-profit organisations" and accounting for purchase power parity. US has the highest PPP-adjusted household disposable income in the world.

https://data.oecd.org/hha/household-disposable-income.htm#in...

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

#156

Post by giantg2 »

marsRoverDev wrote: post #127
tialaramex wrote: post #18

Earlier quoted context omitted.

> Employers would be prohibited from asking about an applicant's pay history Aw, that was one of the fun moments when getting my current job. I moved from private sector to public sector and they're like "You understand that the previous pay you listed is more than our boss's boss, the director of our entire org unit gets paid right?". Yes, yes I do. Which is why when you asked at interview "Why do you want this role…

The problem at least in France is that prospective employers will demand your pay slips from your previous job. If you are early in your career, they will use this to depress your wages as much as possible, making arguments like "well, we can't just give you a 40% uplift". So if your first employer screws you, the ones that follow can as well. Personally, I would just forge one with a much higher pay level - but most…

"but most people who play by the rules get screwed royally."

That's some universal truth right there.

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

#158

Post by ATsch »

tomp wrote: post #145
Bayart wrote: post #121

Earlier quoted context omitted.

The assumption is that a job that would incentivize non-competes would be so well paid that 50% would still be comfortable, isn't it ?

From my experience working in finance in London, no. Good salary? Sure! Able to live comfortably with 50% salary (when rent is 30-50% of take-home pay)? Zero chance. In practice the biggest impediment to even longer non-competes is legal risk; the tiny chance of an employee challenging the non-compete in court and the court ruling unreasonable or overly broad , would result in all other employees knowing their non-co…

Did you have to sign a non-compete for that job? Regardless of the exact reason for the impediment, it still remains that due to the restrictions, non-competes are not common enough in the EU to even be in the vocabulary of regular working people. I can't find any concrete numbers but it's definitely nowhere near the ridiculous 18% jobs that have them in the US. So it's pretty hard to argue the restrictions aren't effective.

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

#159

Post by dmitriid »

BurningFrog wrote: post #60

I look forward to when every human interaction is finally regulated in law, and we're still not happy.

Every human interaction? No, it won't be regulated.

(Almost) every human interaction between a company and an actual human? In most cases, yes please.

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

#160

Post by efsavage »

tialaramex wrote: post #18
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…

> Employers would be prohibited from asking about an applicant's pay history Aw, that was one of the fun moments when getting my current job. I moved from private sector to public sector and they're like "You understand that the previous pay you listed is more than our boss's boss, the director of our entire org unit gets paid right?". Yes, yes I do. Which is why when you asked at interview "Why do you want this role…

I once took a break from software and applied to be a cashier at Barnes & Noble (just to get out of the house). It was entertaining to watch the manager hastily scan the application for a $7/hour, 10 hours/week job and then pause and try to find a polite way to break it to me that they weren't going to meet the $180k I made at my previous job.
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