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Netflix has job with almost $1M listed salary range, to comply with new CA law

jobs.netflix.com

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Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#91

Post by Gigachad »

ithkuil wrote: post #60
canonica wrote: post #47

I'm shocked about their questions on their job application form! It's considered illegal to ask those questions in my country because they can be used for discrimination. Is this normal practice in the US? > What gender identity do you most closely identify with? > Are you a person of transgender experience? > Please select the race and/or ethnic identities you identify with > What sexual orientation do you most clos…

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.

Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#92

Post by seanmcdirmid »

CodeWriter23 wrote: post #20
tony_cannistra wrote: post #4

Earlier quoted context omitted.

You're right but I think you're missing the point. Offering a range that broad in the job listing is just an effort to flaunt a law. That law was put into place to help the people you're talking about.

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.

Written by the same people that gave us the “everything causes cancer” warnings?

Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#93

Post by rrrrrrrrrrrryan »

butlerm wrote: post #29
CodeWriter23 wrote: post #20

Earlier 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?

Well, there is a law that states you can't charge extra for using a certain credit card.

If you want to charge for credit card payments, the same fee has to apply to all cards you accept.

Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#94

Post by OJFord »

bri3d wrote: post #40
OJFord wrote: post #18

> This market range is based on total compensation (vs. only base salary), Even if not the case here, isn't that to be expected then? Volatility in share price will put a big range in that figure for companies with less of the total comp in cash base salary.

This isn't the case at Netflix, who famously offer cash salaries and an option to elect to forego some salary in exchange for options. There are no RSUs at Netflix. Also, RSU+cash salaries are almost universally quoted in year-of Total Direct Compensation, that is share value of the newly granted shares at the time they are granted each year, so volatility doesn't affect the TDC, only the actual realized TC.

Isn't a 'market range' not just Netflix? If not, (? and) it includes bonuses then, or something? Or else why call it out like that?

Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#95

Post by rrrrrrrrrrrryan »

JumpCrisscross wrote: post #88
kodyo wrote: post #80

Earlier quoted context omitted.

Shit's getting weird, man.

I could see it having a place on an intake form. But on a job application? Is it so they can schedule interviews based on your race and gender identity?

I can only speak from personal experience, but whenever I've hired folks, that information was only shared with HR.

Requiring companies to collect these statistics helps add hard data to any future lawsuits. It can provide an insight into whether or not members of protected classes have been systematically discriminated against during certain phases of the hiring process.

Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#96

Post by dragonwriter »

seanmcdirmid wrote: post #92
CodeWriter23 wrote: post #20

Earlier 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.

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

#97

Post by Maro »

To me it feels like the range of $90k-900k is for all SWE IC levels, whereas the job post is specifically for L5. It cannot be that the range is so broad for a specific SWE level. By posting the overall range of SWE, the whole exercise becomes meaningless, because, of course interns earn (relatively) peanuts and the one "John Carmack guy" almost makes a million..

Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#98

Post by mightymikey »

Maro wrote: post #97

To me it feels like the range of $90k-900k is for all SWE IC levels, whereas the job post is specifically for L5. It cannot be that the range is so broad for a specific SWE level. By posting the overall range of SWE, the whole exercise becomes meaningless, because, of course interns earn (relatively) peanuts and the one "John Carmack guy" almost makes a million..

based on levels.fyi for netflix, either netflix hires 50+ john carmacks, or it is a realistic sum for top performing L5s

Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#99

Post by butlerm »

Rebelgecko wrote: post #56
butlerm wrote: post #21

Earlier quoted context omitted.

The minimum salary paid for a position is useful information. The median or estimated median may be as well. Legislated disclosure of a maximum is useless. It implies that employees are interchangeable widgets with a cap on their market value that isn't more than some reasonable percentage of the minimum. There are true superstars out there that some companies can afford to compensate properly, but they are generally…

>The minimum salary paid for a position is useful information Is it? I found SWE roles with a salary range from 50,000-50,000. But in reality I doubt there's any engineers at Netflix making 50k

Misrepresentation of salaries actually paid is false advertising. There was a time when stores would get in trouble for advertising discounts from prices no one actually paid either, like a permanent sale.

Re: Netflix has job with almost $1M listed salary range, to comply with new CA law

#100

Post by CodeWriter23 »

butlerm wrote: post #29
CodeWriter23 wrote: post #20

Earlier 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?

Built in Sacramento https://oag.ca.gov/consumers/general/credit-card-surcharges
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