Microsoft will include pay ranges in all U.S. job postings
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Re: Microsoft will include pay ranges in all U.S. job postings
#2I wonder why only the US. If they believe pay transparency is the right way forward, they should do it globally. Surely there's no legal hurdles in posting pay ranges for any country.
Re: Microsoft will include pay ranges in all U.S. job postings
#3This is the way. We need more of this.
I'm at a point where if a recruiter messages me "about an exciting opportunity" without any salary information, he/she will not get a response.
While there are some jobs that maybe I would consider a pay cut for, I generally want to make more money because that allows me to invest more so I can be free one day.
Re: Microsoft will include pay ranges in all U.S. job postings
#4I wonder why only the US. If they believe pay transparency is the right way forward, they should do it globally. Surely there's no legal hurdles in posting pay ranges for any country.
No post body was provided.
Re: Microsoft will include pay ranges in all U.S. job postings
#5I wonder why only the US. If they believe pay transparency is the right way forward, they should do it globally. Surely there's no legal hurdles in posting pay ranges for any country.
For the US it may be this is the easiest way to comply with Colorado's law. Worldwide may be rolled out later, but those are probably separate business entities that have to work it out.
As with all negotiations, once you've stated a number you've put a lower (or upper, depending on the side you're on) bound.
Re: Microsoft will include pay ranges in all U.S. job postings
#6Given that most big tech companies' base salary tends to plateau and total comp begins to be dominated by stock grants and performance bonuses, just how much real transparency is actually going to be provided?
Re: Microsoft will include pay ranges in all U.S. job postings
#7Can a company make an offer outside its stated range?
E.g. What if Microsoft has a job opening with a range of $110k - $170k, and the candidate they selected used to make $180k and would like $200k? Will Microsoft offer him or her the 200k they seek or offer 170k and lose their candidate?
If salary ranges can be bypassed, then they are not really useful, and if they can't, by law, companies could skirt the law by offering higher bonuses and more stock, or else lose on talent. Or the company could close the job opening, and create a new posting with an updated range for the sole purpose of being legally able to hire their candidate. Which would still invalidate the spirit of the law.
I'm not sure these salary transparency laws are good for workers or companies alike.
Re: Microsoft will include pay ranges in all U.S. job postings
#8> Microsoft said it would disclose salary ranges in all internal and external U.S. job postings no later than January 2023. That date is when Washington state, where Microsoft’s headquarters are located, will start requiring employers with at least 15 employees to disclose salary ranges for each position.
In other news, Microsoft to comply with a new law.
Re: Microsoft will include pay ranges in all U.S. job postings
#9Given that most big tech companies' base salary tends to plateau and total comp begins to be dominated by stock grants and performance bonuses, just how much real transparency is actually going to be provided?
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Re: Microsoft will include pay ranges in all U.S. job postings
#10> Microsoft said it would disclose salary ranges in all internal and external U.S. job postings no later than January 2023. That date is when Washington state, where Microsoft’s headquarters are located, will start requiring employers with at least 15 employees to disclose salary ranges for each position. In other news, Microsoft to comply with a new law.
> 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.