This will lead to universal low salaries, and real comp decided by bonuses and equity grants like with IB and Amazon. You don’t see full comp revealed, so since they have to show their hand it will trend down and make up the money for who they want to pay more with bonus etc
An update on salary transparency in job posts
111–120 of 150 posts
Re: An update on salary transparency in job posts
#112This is a strange American thing. As a Brit it is utterly bizarre and alien to me. Nobody here would ever look twice at a job that didn't state the salary. If you're trying to fill a position the salary is probably the most important piece of information you need to sell it. How can an employment market even function otherwise?
These "as a X" posts always read like propaganda to me lol
Re: An update on salary transparency in job posts
#113Now lets quantify how many of them are absurd listings. Recently saw a Senior Security Engineer role for Netflix, $100-$700k salary range. How is someone supposed to reasonably negotiate that role? $100k is clearly a joke, $700k is clearly a salary someone got during the bubble. Do I come in at $400k? Is $250k a bargain rate? https://imgur.com/a/0Fe00Qf
No clue if there's any truth to that though.
https://californiapayroll.com/blog/sb-1162-california-pay-tr...
Re: An update on salary transparency in job posts
#114This will lead to universal low salaries, and real comp decided by bonuses and equity grants like with IB and Amazon. You don’t see full comp revealed, so since they have to show their hand it will trend down and make up the money for who they want to pay more with bonus etc
Salary is money, bonuses are a bet. The 2 are not the same.
Re: An update on salary transparency in job posts
#115Earlier quoted context omitted.
There is a 0% chance that I'd put in the effort to get an offer from a company just to set my price with a company I'd like to work for. No company is worth that headache. If I happen to already have a competing offer, sure. But when job searching I'm not carpet bombing resumes, I'm targeting specific companies that I think would be a match.
Then that is the price of not having the headache. Markets work best when buyers AND sellers are constantly engaging in negotiations.
Re: An update on salary transparency in job posts
#116This is a strange American thing. As a Brit it is utterly bizarre and alien to me. Nobody here would ever look twice at a job that didn't state the salary. If you're trying to fill a position the salary is probably the most important piece of information you need to sell it. How can an employment market even function otherwise?
These "as a X" posts always read like propaganda to me lol
Re: An update on salary transparency in job posts
#117Earlier quoted context omitted.
A big range like that means you should feel more than fine selecting the average— so $400k— at the minimum. Anything less and you’re essentially admitting you don’t think you’re worth what the salary range is. Personally I would ask for clarification, and if they refuse to provide any, ask for near or above the top-end of the range. Theres plenty of $215k salary jobs currently, so if you happen to not land this one,…
Most people don't know what a $400k Security Engineer actually does to warrant that pay because you can probably find a similar job at another company that pays much less and probably makes you work more. I sure as fuck don't and I at least have one pentesting cert FWIW. This pricing scheme punishes people trying to be honest about their skill set. Otherwise why stop at the average? Just max it out and ask for $700k.…
I've really liked the rare company that advertises a narrow pay range and then makes a single, non-negotiable offer for the most they can get the candidate.
The company has more data. The company has an existing pay structure. The company knows its own budget. They should offer what they're willing to pay. Anything else is extremely disrespectful, frankly, despite being the norm.
Re: An update on salary transparency in job posts
#118Now lets quantify how many of them are absurd listings. Recently saw a Senior Security Engineer role for Netflix, $100-$700k salary range. How is someone supposed to reasonably negotiate that role? $100k is clearly a joke, $700k is clearly a salary someone got during the bubble. Do I come in at $400k? Is $250k a bargain rate? https://imgur.com/a/0Fe00Qf
Double the median salary is clearly a joke? White collar pay has gotten totally out of hand.
Now, I agree that pay ranges across our economy are completely out of touch with reason, but in this context it would be downright stupid to take $100k for that role when non-FAANG could pay you more.
Re: An update on salary transparency in job posts
#119Earlier quoted context omitted.
That's why you find two companies you'd like to work for, and have them compete against each other. This is just job hunting basics.
It rarely happens that I'm both looking for work and also am open to more than one company at that time. But I haven't been in a true job hunt where I'm just hoping someone picks me out of a pile for over 20 years.
Re: An update on salary transparency in job posts
#120This is a strange American thing. As a Brit it is utterly bizarre and alien to me. Nobody here would ever look twice at a job that didn't state the salary. If you're trying to fill a position the salary is probably the most important piece of information you need to sell it. How can an employment market even function otherwise?
> How can an employment market even function otherwise? Employee desperation to have income and health insurance means it's worth going into the interviews blind.