Ask HN: Why are some YC startups not posting salary ranges when law requires it?

Post by gillesjacobs » Tue, Dec 13, 2022, 6:01 PM UTC

bin_bash wrote: post #124

indymike wrote: post #78

I've been in the job board / HR Tech space for a while, and every time I see a state pass a law requiring advertising the salary range, I'm reminded of a few facts: * Showing your salary range as long as it is at market wage or higher delivers 14% more applicants. It is a good idea to show salary on job ads. * If you don't give the job board a salary range, they will use tools like salary.com or their own tools to sh…

> A single day of delay in response causes 28% of candidates to become unresponsive to recruiters (this is from our company's research). It drops to 51% become unresponsive 48 hours later. I've noticed my interest in a job tends to drop consistently the longer it takes for a response. This isn't surprising at all. I don't think it's because we're fickle, it's more that right when you apply you can picture what it mig…

Post by robocat » Tue, Dec 13, 2022, 6:02 PM UTC

indymike wrote: post #138

kuboble wrote: post #127

Earlier quoted context omitted.

Are the companies indeed inflicting self harm? They might get less applications that way, but posting salary ranges for new employees has other downsides - e.g. it might tilt existing employees. Another downside is that it's easy to scrap and collect this data and companies might not like candidates or employees easily accessing historical data. Sharing salary range basically reduces the knowledge advantage of a comp…

> Are the companies indeed inflicting self harm? They are spending 14% more on recruitment advertising than they would have to if they just put a range in the salary box. So, yes, financial self harm. 14% is substantial for many companies. > ther downsides - e.g. it might tilt existing employees. People have access to wage data and job boards in their pocket. If they answer that unknown caller, it's as likely to be a…

Post by next_xibalba » Tue, Dec 13, 2022, 6:06 PM UTC

ido wrote: post #187

next_xibalba wrote: post #185

Earlier quoted context omitted.

This, to me, is a really good signal of how well run a company is. After all, a company is merely a collection of people on whom its outcomes are entirely dependent. Thus, the single most important function a company can perform is hiring. If a company fails to recognize this or just does it incompetently, its probably a crappy company. Thus, slow responses == crappy company.

I would postulate the single most important thing a company can do is make money. Hiring is also important though.

Post by ornornor » Tue, Dec 13, 2022, 6:08 PM UTC

ido wrote: post #187

next_xibalba wrote: post #185

Earlier quoted context omitted.

This, to me, is a really good signal of how well run a company is. After all, a company is merely a collection of people on whom its outcomes are entirely dependent. Thus, the single most important function a company can perform is hiring. If a company fails to recognize this or just does it incompetently, its probably a crappy company. Thus, slow responses == crappy company.

I would postulate the single most important thing a company can do is make money. Hiring is also important though.

Post by eduction » Tue, Dec 13, 2022, 6:10 PM UTC