NYC to require salary ranges be included in job postings

Post by lotsofpulp » Mon, Oct 31, 2022, 10:54 PM UTC

welshwelsh wrote: post #137

orev wrote: post #64

Earlier quoted context omitted.

I think many here will disagree, but this is spot on. Having a fixed salary range also implies there’s a fixed/well-defined set of tasks for that role, which is only applicable to typical lower-level jobs that do repetitive tasks. Once you get into higher skilled positions, the roles become much more flexible and negotiable. The HN crowd is exactly the opposite type of people who would benefit from this. Job definiti…

The important part is that employers post the maximum salary so that job seekers know what the budget is. Employers should make a separate job ad for each pay grade, and they should provide a detailed explanation of how they determine salary. If the range is $150k to $250k, what are the criteria to make $250k? What's the difference between someone who makes $150k and $175k? That information belongs in the job posting…

Post by renewiltord » Mon, Oct 31, 2022, 11:01 PM UTC

jedberg wrote: post #67

andrewstuart wrote: post #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 go…

It is hard to convince someone they are wrong when their salary depends on being right. But I'm going to try. I've done hiring myself as a founder, so I have some experience here. > The fact is that many employers don't actually know what they would be willing to pay someone. Then they need better data. A great way to get that would be looking at all the other job listings with salary ranges if they don't already hav…

Post by Wowfunhappy » Mon, Oct 31, 2022, 11:16 PM UTC

joshuamorton wrote: post #258

Wowfunhappy wrote: post #176

> The sweeping New York City rules will apply to almost all companies except for the smallest firms. Any business with at least four workers, assuming at least one of them is based in the city, must include the lowest and highest salaries for any job it posts. ...so, uh, question, because I'm getting increasingly confused about how jurisdiction works. Let's say Houston passes a law which makes it illegal for companie…

> Let's say Houston passes a law which makes it illegal for companies to disclose salary ranges. This law would be struck down as a 1A violation. But also I believe the description of the law is slightly wrong: jobs in nyc need postings, so positions in Houston wouldn't have them, but positions in NYC would.

Post by jameshart » Mon, Oct 31, 2022, 11:19 PM UTC

jjav wrote: post #238

jameshart wrote: post #131

Earlier quoted context omitted.

Companies absolutely have fixed hiring budgets and salary guidelines. It's not that surprising to me, though, that if they don't have to share that with an external recruiter they will choose not to. You're probably on a percentage of the final hiring salary, so why would they tell you the max salary they're willing to offer? Your interests are not aligned. The way it works in most companies that are big enough to ha…

> Companies absolutely have fixed hiring budgets and salary guidelines. Yes, they hay budgets and salary guidelines. All of that is negotiable as a hiring manager. Just a matter of how many levels up the chain you need to go to get the approval and whether you (hiring manager) can convince them, which depends on how strong the candidate is.

Post by pixl97 » Mon, Oct 31, 2022, 11:22 PM UTC

ramraj07 wrote: post #88

spamizbad wrote: post #2

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?

An example is when companies have to increase their offers due to changing market conditions; currently they can just silently do that without telling existing employees. But with the new law existing employees have a way of finding it out so they will then go ask for a raise to match this range. Of course employeees are free to discuss salaries themselves but in America that’s still not normal and common.