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re: Website to find out how much a job pays..

Posted on 4/1/15 at 6:06 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 4/1/15 at 6:06 pm to
quote:

I had a prof in grad school who preached that companies should post the salaries of all employees. In a free market world this is a good idea


The idealized "free market" is one where by definition nobody has an information advantage to start with. It wouldn't be an idea (good or bad), it would be what already is.

As to whether it would be a good idea, it depends on who you're talking about. For example, the employer is a market participant too and has an obvious incentive to keep such stuff on the DL.
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