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NYC to require salary ranges be included in job postings

nytimes.com

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Re: NYC to require salary ranges be included in job postings

#51

Earlier quoted context omitted.

NYC's Fact sheet about the new law notes that minimum and maximum stated salaries must be in "good faith". Not a lawyer, but maybe this is space for class action lawsuits or something... Salary Transparency Fact Sheet: https://www1.nyc.gov/assets/cchr/downloads/pdf/publications/...

A knowledge worker's productivity can easily (and provably ) range from -10x to +1000x. So, it's much easier to prove in the court of law that the ranges are justified. Dude who created the React Framework is always 100x valuable to the company than an average Javascript developer. A couple of brilliant dudes is all that is required for a company to be a mere $100 Million company vs $1 Billion company. It's ridiculou…

The dude who created the react framework (who I happen to know) already knows his worth, and is not getting jobs through public listings. This law isn't for him. Also he is getting higher level jobs.

And that's true even further down the line -- if your experience can mean $200K more per year, then those should be two different job listings. One senior and one junior.

Re: NYC to require salary ranges be included in job postings

#52
post #5

While I am supportive of this, I expect a lot (majority?) of listings with ranges like "$40k-200k based on experience". (Or the example from the article, "$17-50/hr")

I've seen salaries being rolled out and I have found this not to be the case.

In reality, most places have a salary in mind for a position, and most hr teams are not going to post '[that salary] - 100k more' and they're probably not going to post a lower end that's less than what they have in mind.

Re: NYC to require salary ranges be included in job postings

#53
These laws are a great idea, but I really wish they would require that the bottom and top of the range be within X% of each other, were X is like 20 or 30 or even 50 or 100. But no more than the top being double the bottom.

If the range is bigger than that, it sounds like you have two different jobs, a junior and senior, or senior and principle, etc.

It would at least force them to be slightly more transparent about what they're actually looking for.

Re: NYC to require salary ranges be included in job postings

#54
I'm a recruiter.

I've known for a long time it drives people nuts that job ads don't have salary, or have a wide salary range.

The fact is that many employers don't actually know what they would be willing to pay someone. Until they have met them, assessed them, heard what they salary target is and weighed it up against their skills and experience and calibrated it against the team.

The conversation almost always goes like this: Employers come to me and say "we want a great senior C# .NET developer". I say "what do you want to pay?". They say "don't know, we just want someone great, what do you think we need to pay to get the right person?". I say "I think it will be about $X, but lets put a job ad up and indicate it's top of range $ and see who we get."

It is also true that a single job ad might be aiming to employ a number of people at various positions of seniority and experience.

Government agencies are required to carefully define salary ranges because that is the way they work. So it does not surprise me that governments would legislate to require job ads to do the same - essentially because of ignorance about how the world works.

If it makes you mad that job ads do not list salary, then there are good reasons and you will just have to get over or it not apply for that job.

It's that easy - if the ad doesn't specify salary and that is a key requirement for you, don't get angry, just don't apply.

Being angry about it or feeling that employers/recruiters are playing some sort of manipulative game is ignoring the reality set out above. And when you come into a position that requires recruiting, likely you'll speak to your recruiter and say "what do you think we'll need to pay for someone like this?".

Far more important is to know the salary target that you are aiming for.

EDIT: lots of unhappy responses to this, but don't shoot the messenger. Go ask your team lead/CEO/CTO how recruiting works.

Re: NYC to require salary ranges be included in job postings

#56
post #20

The place I’m applying simply lists: “Software Development (all levels)” and is an open call for engineers. Salary obviously will depend on experience and interview performance. I don’t see why that’s an issue, a corporatized version of this where each company has to split their postings into 8 different categories or risk excluding complete novices/interns that might join for near free or heavy hitters that would ne…

The last startup I worked at ranged developers from 100k to 150k on paper but “senior devs” landed at around 125, while the current startup I work at didn’t list numbers but puts senior devs at around $200k plus generous bonuses.

Where you land always depends on performance and experience, sure, but knowing both ends of the range for any given title is still critically important to making a decision (and negotiating). If someone comes from a below-market rate company, they may not know what to even ask for or negotiate around because important information is obscured from them, and they’ll end up short-changing themselves.

Re: NYC to require salary ranges be included in job postings

#57
post #30
post #7

It has been this way in Colorado for some time, and it has been nothing but fantastic.

Can you please expand on this a bit more? I live in Colorado and saw virtually no change when looking for a new job inside and outside of the state last year. I did run across a few "no job applications from CO" as was mentioned in other comment threads, but most job postings I saw did not post salary information.

I've seen remote places have a 'if you're applying from CO' link that links out to a pdf of salary ranges.

Re: NYC to require salary ranges be included in job postings

#58
post #7

It has been this way in Colorado for some time, and it has been nothing but fantastic.

There was a ton of push-back online when that law went into effect despite CA having a similar law already on the books and obviously other dominoes (like NYC) getting ready to fall. It was fantastic in my last job search. Even recruiters that tried to "not talk numbers" until the end of the process I could just point to the relevant laws or just not continue on in the process. Plenty of companies were playing by the…

I don't understand why they do this, but I guess it must work from time to time. Seems like a lot of effort to do the whole interview process and then try to get them to accept your lowball offer.

Re: NYC to require salary ranges be included in job postings

#59
post #47

I get why employers would hate this, but overall, wouldn't greater transparency in the labor market drive economic growth by virtue of making the labor market more efficient by doing a better job of connecting skilled, hard-working and motivated employees with employers who can pay more?

No, you have gotten it all backwards. You are only allowed to use the more efficient market rationale when are you defending low wages and higher prices for regular people. Regular people getting higher wages is seen as a disease that must be stopped at all cost. [1] [1] https://www.bloomberg.com/news/articles/2022-03-17/powell-tr...

checkmate

Re: NYC to require salary ranges be included in job postings

#60

I'm a recruiter. I've known for a long time it drives people nuts that job ads don't have salary, or have a wide salary range. The fact is that many employers don't actually know what they would be willing to pay someone . Until they have met them, assessed them, heard what they salary target is and weighed it up against their skills and experience and calibrated it against the team. The conversation almost always go…

"This is convenient for corporations so suck it up." isn't a very compelling argument. The purpose of the government is to represent the interests of the people in situations where there is sufficient agreement to pass legislation. If your company doesn't like complying with local laws, its easy, just don't look for people in this country. The people have a right to set the terms of exchanges in the marketplace.
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