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Microsoft will include pay ranges in all U.S. job postings

forbes.com

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Re: Microsoft will include pay ranges in all U.S. job postings

#141

Post by InefficientRed »

endianswap wrote: post #122
tshaddox wrote: post #108

Earlier quoted context omitted.

I assumed that employer contribution matching is generally a fixed percentage of the employee’s salary each pay period, which means that if you don’t contribute in one month you forfeit that percentage of your salary and thus about 8% of your total possible employer matching.

At least in my case as an engineer at a smaller tech company my 401k (and corresponding match) maxes out each January because that's when bonuses are granted.

Note: you can set your contribution % to 0 in January and then change it in February. This can be worthwhile because you then DCA throughout the rest of the year. On the other hand, by contributing everything in January, you get the employer match earlier. And over a 30 year career it's likely a rounding error.

Re: Microsoft will include pay ranges in all U.S. job postings

#142

Post by brewdad »

oneoff786 wrote: post #114
willcipriano wrote: post #72

Earlier quoted context omitted.

"Conspiracy to commit drug trafficking" would probably fit the bill. I think they could just call in the feds because from the state and federal perspective you are running a drug empire from that office.

But it’s not trafficking if you don’t move it across state lines?

But your state of domicile would happily seize your ill-gotten gains the minute you try to bring the money home. You may not be moving the drug across state lines but the money certainly would.

Re: Microsoft will include pay ranges in all U.S. job postings

#144

Post by wfhordie »

logicalmonster wrote: post #22

Just to play Devil's Advocate: being explicit about salaries is the kind of practice that sounds amazingly good on the surface, but might have some unintended real-world consequences. For instance, whereas before when salaries weren't explicit, a weaker candidate with some good qualities who was on the bubble for consideration might be able to get a job if the salary was more favorable than the company was initially…

The problem you mentioned is already solved using the contracting system.

Re: Microsoft will include pay ranges in all U.S. job postings

#145

Post by kansface »

dubcanada wrote: post #54

There are a ton of people here who probably make 6 figures complaining about pay ranges in job postings. I am not sure I fully see how this is a problem, any minimum wage job says pay range (or a specific rate), any job for dish washers or line cooks say $18 a hour or what not, a tech job with a six figure salary should at least say a range, since it varies based on skill and department. I haven't read a single respo…

> I haven't read a single response that I agree with as to why this is a negative? ...They are going to provide a range like $42k to $55k

Why? Its like prop 65 cancer warnings being on 100% of the products and buildings in CA. Its just a thing you do so as to avoid liability. Now, we have these useless warnings pasted everywhere that have no meaning beyond compliance. Is CA better off with these warnings? I can't imagine so. Will companies post very broad salary ranges? With certainty, whats the downside? Will the ranges correspond to reality? Probably not. Are we better off forcing companies to do this? I'm not sure.

Re: Microsoft will include pay ranges in all U.S. job postings

#146

Post by yieldcrv »

willcipriano wrote: post #72
oneoff786 wrote: post #66

Earlier quoted context omitted.

I don’t think that’s true?

"Conspiracy to commit drug trafficking" would probably fit the bill. I think they could just call in the feds because from the state and federal perspective you are running a drug empire from that office.

Nah, state level would have no jurisdiction over the criminal action and feds arent caring right now, but focusing on the state level you can also just form a branch

So you go online and fill out an LLC for another state, and just say you are licensing your brand name to that LLC in another state that is doing all the sales in that state

Re: Microsoft will include pay ranges in all U.S. job postings

#147

Post by lotsofpulp »

sgerenser wrote: post #127
wing-_-nuts wrote: post #12

Earlier quoted context omitted.

Probably easier to just do it for everybody than have two separate listings for WA and the rest of the US. I wonder if this is TC or just salary?

Everything I’ve seen so far is just salary. Which is kind of a huge loophole for tech companies where 20-60% of compensation is often in the form of stock and bonuses.

I am curious what level of details the text of the law requires:

https://app.leg.wa.gov/billsummary?billnumber=5761&year=2021...

https://lawfilesext.leg.wa.gov/biennium/2021-22/Pdf/Bills/Se...

>disclose in each posting for each job opening the wage scale or salary range, and a general description of all of the benefits and other compensation to be offered to the hired applicant.

What is general description? Is that how many RSUs? Does it require showing what metal level health insurance is offered and specific the employer paid proportion?

Re: Microsoft will include pay ranges in all U.S. job postings

#148

Post by Dylan16807 »

TulliusCicero wrote: post #131
JumpCrisscross wrote: post #10

Earlier quoted context omitted.

> In other news, Microsoft to comply with a new law Microsoft is under no obligation to comply with Washington law outside Washington. That's what they're doing here.

Since their largest workforce is in Washington state, it's probably just less risky to make this their overall US policy. Making a different policy for HQ vs everywhere else could easily lead to mistakes and accidentally breaking the law.

It can't be that hard to follow this law in specific places. This is a meaningful policy decision, not just following risk.

Re: Microsoft will include pay ranges in all U.S. job postings

#149

Post by AdrianB1 »

zeroonetwothree wrote: post #102
dnissley wrote: post #51

Earlier quoted context omitted.

Just to take this a bit farther... if Washington state can regulate Washington incorporated entities, can it regulate them to act in a way that would violate laws in other states?

They cannot just like they can’t regulate activities of private individual when outside their state of residence.

California does regulate private individuals that lived in California in the past. It also does regulate private individuals with residence in California and working in a different state. Just saying.

Re: Microsoft will include pay ranges in all U.S. job postings

#150

Post by Broken_Hippo »

xhkkffbf wrote: post #53
ChicagoBoy11 wrote: post #43

This is going do to absolutely nothing. Most of this legislation does nothing to really address the potential for folks to just advertise incredibly wide potential salary ranges, to say nothing of alternative ways that they can change total compensation "for the right candidate," if you catch my drift. I would suspect that the biggest effect of this is to actually lead to overall greater distrusts, as folks will make…

I can see some heartache if they advertise the range as between $X to $Y and then they make an offer that is much closer to $X.

Possibly, but that's basically the applicants choice to go ahead and apply (within the normal confines of "choice" in work). At lest there is a bottom they can expect. This won't even be that often if the company is actually upfront about how it determines pay: Higher for x qualification, lower without the optional qualifications/experience.

On the other hand, some folks will be happy about that bottom since it will be either more than they expected or more than they are making now.

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