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Started By
Message
Colorado: If you don’t disclose job opening expected salary…..
Posted on 6/18/21 at 12:31 am
Posted on 6/18/21 at 12:31 am
WSJ
FAIL
Hopefully does not come to a theater near you.
quote:
After a new state law that requires employers to disclose salaries for open positions, some are advertising jobs available anywhere in the U.S. but Colorado
FAIL
Hopefully does not come to a theater near you.
This post was edited on 6/18/21 at 12:33 am
Posted on 6/18/21 at 12:40 am to ColoradoAg03
Why not disclose starting salaries? Seems like it would save people a lot of time.
Posted on 6/18/21 at 12:42 am to TimeOutdoors
Would you negotiate with a contractor by telling them the max you are willing to pay rather than the price they are willing to do the job for?
This post was edited on 6/18/21 at 1:11 am
Posted on 6/18/21 at 12:51 am to ColoradoAg03
Why is this bad? I’ve never applied for a job that didn’t have some sort of salary info advertised
Posted on 6/18/21 at 12:57 am to GreenRockTiger
quote:
Why is this bad?
The difference in opinion as to whether companies should or shouldn't advertise can be seen as good or bad.
The state mandating how a job has to be advertised, via a law, oversteps for me. Maybe others don't have a problem with that though.
Posted on 6/18/21 at 1:03 am to ColoradoAg03
I've come across jobs in Colorado for my job search. Not that I want to live there, but I look at the job postings anyway. What I have noticed is that they list a starting salary, not the actual salary.
These starting salaries are low. Jobs that should be paying $110-$120k in fair market value, are being listed at $70-$80k. I think this is done to keep applicant volume low - they just list "what the salary starts at", not what they will actually pay. If a job is posting a position that will pay $110-$120k and actually list it at that, I bet they get 4x the applicant volume than they would by posting it at $70-$80k.
I've had tons of phone screens over the last 2 weeks and I've found as long as you tell the recruiter you did your research and back it up, you can get away with giving them a higher number than perhaps seems reasonable and I have yet to have them tell me its outside their salary bands.
These starting salaries are low. Jobs that should be paying $110-$120k in fair market value, are being listed at $70-$80k. I think this is done to keep applicant volume low - they just list "what the salary starts at", not what they will actually pay. If a job is posting a position that will pay $110-$120k and actually list it at that, I bet they get 4x the applicant volume than they would by posting it at $70-$80k.
I've had tons of phone screens over the last 2 weeks and I've found as long as you tell the recruiter you did your research and back it up, you can get away with giving them a higher number than perhaps seems reasonable and I have yet to have them tell me its outside their salary bands.
Posted on 6/18/21 at 1:07 am to ColoradoAg03
The reason most white collar job salaries aren’t posted is because new hires are often paid more than current employees with years at the company in the same position. They don’t want existing employees seeing those numbers.
Posted on 6/18/21 at 1:15 am to schexyoung
What do you think the starting range is between two new hires before it was disclosed?
You hire two entry-level accountants, One for $50k one for $100,000?
You're talking a max of 20% variance. You have a budget for a position, you have to be able to monetize the person's work. How can you know that from the onset? Some new hire you never met before nor seen them produce, is going to revolutionize things for you..... So you pay him in advance for that?
Typically, you bring somebody in and then raise their earnings because you don't want to lose them... After they proved to you what they can do.
You hire two entry-level accountants, One for $50k one for $100,000?
You're talking a max of 20% variance. You have a budget for a position, you have to be able to monetize the person's work. How can you know that from the onset? Some new hire you never met before nor seen them produce, is going to revolutionize things for you..... So you pay him in advance for that?
Typically, you bring somebody in and then raise their earnings because you don't want to lose them... After they proved to you what they can do.
This post was edited on 6/18/21 at 1:17 am
Posted on 6/18/21 at 1:23 am to fightin tigers
quote:
The difference in opinion as to whether companies should or shouldn't advertise can be seen as good or bad.
The state mandating how a job has to be advertised, via a law, oversteps for me.
This
Posted on 6/18/21 at 2:56 am to Kujo
quote:
Typically, you bring somebody in and then raise their earnings because you don't want to lose them... After they proved to you what they can do.
I would disagree with this, typically external hires get a bigger pay rise.
With being promoted internally, I think there is more a pride/achievement feeling with the employee. They will also likely know what people in that job get paid and I would imagine few ask for the upper end of that amount. Where as external will say whatever number they want.
I say this as a one company man in my career so far.(admittedly that is only 7 years)
Posted on 6/18/21 at 5:26 am to ColoradoAg03
Why is a law like this needed?
Posted on 6/18/21 at 6:07 am to ColoradoAg03
quote:
Colorado
quote:
Hopefully does not come to a theater near you.
Posted on 6/18/21 at 6:11 am to ColoradoAg03
Employers have surely won by keeping salary talk taboo.
Just look at pro sports. Everyone knows what everyone makes and salaries have skyrocketed.
Just look at pro sports. Everyone knows what everyone makes and salaries have skyrocketed.
Posted on 6/18/21 at 6:14 am to ColoradoAg03
Bobs Fabrication is looking for a Welder. Apply in person, Salary $15 to $75 an hour.
Easy
Easy
Posted on 6/18/21 at 6:17 am to East Coast Band
And so have ticket prices, concessions, fan gear....
You want your gasoline to be $8/gallon?
You want your gasoline to be $8/gallon?
Posted on 6/18/21 at 6:19 am to schexyoung
quote:
The reason most white collar job salaries aren’t posted is because new hires are often paid more than current employees with years at the company in the same position. They don’t want existing employees seeing those numbers.
This right here. I’ve seen this first hand. Unfortunately, your biggest jump in pay will most likely be when you change employers.
I don’t want more laws, though.
Posted on 6/18/21 at 6:19 am to engvol
quote:
would disagree with this, typically external hires get a bigger pay rise.
This is 100% true. Happened to me at my former employer so I made myself an external hire at a new employer. Decent pay bump.
Posted on 6/18/21 at 6:27 am to schexyoung
quote:
new hires are often paid more than current employees with years at the company in the same position
Yep, and its a disgusting thing.
Employees should absolutely openly discuss their income with their peers but white collar people don't do it. Its their only leverage against the man and they don't use it.
Posted on 6/18/21 at 6:30 am to ColoradoAg03
The lone instance it is bad is the one I dealt with after a merger: New hires making more money than 2-3 year seasoned employees, despite a roughly 1-2 year on the job training program using the seasoned employee as a trainer.
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