90k to 900k is the difference between living as lower class to upper middle class at Silicon Valley.
Upper middle class? Is multi-millionaire not "rich" anymore?
Netflix has job with almost $1M listed salary range, to comply with new CA law
101–110 of 117 posts
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#102Hard working Engineers- 1.
California virtue signaling bureaucrats - 0.
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#103Earlier quoted context omitted.
I think the idea here is to use this information to "help" and "include" people, not to discriminate against them.
That is discrimination though. Any use of that info at all for hiring decisions is discrimination.
* recognize a distinction; differentiate. (Discriminate between)
* make an unjust or prejudicial distinction in the treatment of different categories of people. (Discriminate against)
I meant they current trend is to do the former in order to offset historical use of the latter.
Whether that's fair or whether that will work long term is another question!
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#104Earlier quoted context omitted.
There is likely no engineer at that level, instead they're gaming the law. They're required to report their salary range for transparency, and they're basically replying with "our salaries are between between 0 and $1M".
I know a couple of Netflix employees making over 700k cash. I also have a friend who was a recruiter at Netflix that handled an offer to an engineer for $1M cash. These are real numbers.
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#105Colorado has a similar law, but I've never observed this kind of "range-hacking." Why would this happen in CA but not CO?
Probably because of selection bias: most of the huge tech companies are headquartered in CA, not CO, and of those, the ones that are just batshit insane when it comes to hiring are also found more in CA than in CO. And then because Netflix considered themselves a "dream team" snowflake, they even have a "we may decide to fire you if you're not the absolute best each week every week". But because of how they implement…
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#106Earlier quoted context omitted.
It’s not flaunting a law. It’s a typical built in Sacramento law written by dilettantes who can’t think through the simplest of problems. Just like the “can’t charge extra for using a credit card” law. Prices went up and gas stations give a cash discount.
Yes it is. Perhaps Netflix is not _breaking_ a law, which itself may have been written by "dilettantes", but this action certainly disabuses us of the notion that Netflix has any intention to adhere to the spirit of the law, which was to reduce racial and gender-based salary gaps.
The only thing wrong with the current situation is, unfortunately, anyone naive enough to believe that this law was supposed to have the intended effect. Otherwise, it's functioning exactly as any sensible person would have predicted.
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#107Earlier quoted context omitted.
Written by the same people that gave us the “everything causes cancer” warnings?
> Written by the same people that gave us the “everything causes cancer” warnings? No, Prop 65 was written by a lawyer for the Environmental Defense Fund and proposed and passed as an initiative measure, SB 1162 was written by Senator Monique Limon and adoptef by the State Legislature. Different people, different process.
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#108Earlier quoted context omitted.
That is discrimination though. Any use of that info at all for hiring decisions is discrimination.
"discriminate* has two meanings: * recognize a distinction; differentiate. (Discriminate between ) * make an unjust or prejudicial distinction in the treatment of different categories of people. (Discriminate against ) I meant they current trend is to do the former in order to offset historical use of the latter. Whether that's fair or whether that will work long term is another question!
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#109Earlier quoted context omitted.
It’s not flaunting a law. It’s a typical built in Sacramento law written by dilettantes who can’t think through the simplest of problems. Just like the “can’t charge extra for using a credit card” law. Prices went up and gas stations give a cash discount.
"Can't charge extra for using a credit card" is a contractual condition imposed by the credit card companies. If anything there should be a law voiding such conditions as contrary to sound public policy. Why should cash or debit card users in a competitive market be charged extra to subsidize rewards for credit card users, for example?
Re: Netflix has job with almost $1M listed salary range, to comply with new CA law
#110Earlier quoted context omitted.
Upper middle class? Is multi-millionaire not "rich" anymore?
High cost of living city. A million doesn’t go as far as it used to (inflation). Think about how much real estate has increased in the last 10 years. That’s the biggest expense for anyone.