California jobs required to post pay range starting 2023

https://www.gov.ca.gov/2022/09/27/california-advances-commitment-to-pay-equity-and-supporting-women/

by joe-collins • 4 years ago

43 32 4 years ago

gov.ca.gov

In my experience pay is not a good proxy for the value an employee brings to a company or society.

I think society would be better with pay based on the job description for most jobs vs. the company or the individual employee.

ElfinTrousers• 4 years ago

On the other hand, pay does tend to be a good proxy for whether I can afford rent and groceries, so it's not entirely without interest.

alvatech• 4 years ago

I've recently seen that many job postings do include pay ranges. However, they only provide the base wage range; joining bonuses and stock grants are not included. I don't believe that this bill requires employers to report the full range of pay.

singron• 4 years ago

Honestly employers have been kneecapping themselves with this. E.g. Google job posts usually post base salary for L3 even if the listing is obviously for L5/L6. The total comp is like 2.5x the advertised amount. Why wouldn't they try to put the biggest number they can get away with?

almost_usual2• 4 years ago

Why wouldn't they try to put the biggest number they can get away with?

They don’t need to, people already know.

shapefrog• 4 years ago

Why wouldn't they try to put the biggest number they can get away with

It is unusual in a negotiation to offer to pay the largest amount possible as your opening bid - they do it so they can pay the smallest number they can get away with.

If there is someone amazing that they want to pay $25mil to - they wouldnt be advertising the role.

almost_usual2• 4 years ago

Stock grants and bonuses aren’t guaranteed to be worth anything. On the flip side someone who joined a company at the right time (pre-covid?) might have a stock grant worth much more than a new hire.

majestik• 4 years ago

This is a step in the right direction for equitable pay.

Ideally would include full compensation be posted though, stocks, etc.

tomcam4• 4 years ago

What is equitable pay?

whb07• 4 years ago

Places swanky enough to offer stocks and benefits.

The idea that all are equally lined up against the wall for quick execution. Typically happens at swanky/rich companies leading up to more “equity/inclusion” pushed down your throat.

sneak• 4 years ago

Equitable pay is pay both the employer and the employee mutually agree upon.

Everything else is agenda-based.

refurb• 4 years ago

How do you post compensation through stocks?

Base salary: $150,000-$200,000 Stock compensation: $0 to >$1M

Is that helpful?

PenguinCoder• 4 years ago

Absolutely. Base pay is guaranteed, and the only thing to really consider about 'money in hand'. Bonuses or stock grants _could be worth up to blah_ but could also be zero as your range mentions. So effectively, $0 until 'in hand'.

Listing the base salary is immensely helpful to determine if the job is worth your time and the effort the company wants based on the JD. Problem becomes when their range starts showing BS crap like $20/k - $350k yr. That is meaningless and not helpful.

philihp• 4 years ago

Good

egberts1• 4 years ago

What difference does it make if the pay range is far greater than the inequity of actual pay gap?

lacker• 4 years ago

Pay ranges are often not helpful because there's no standard for which jobs are a "single role". For example tech companies are often mandated to post ranges for H1B positions, but they can get away posting unhelpful things like "the pay range is $50k-$900k".

Far more useful, in the tech industry at least, is to look at websites that show you pay ranges specific to the job level. For example:

https://levels.fyi

anthlax• 4 years ago

Levels mixes location which kind of sucks - for example, Google’s non-negotiated pay bands for entry level are 220k - 157k depending on location. That’s an incredibly wide gap - > the standard US citizens salary. Levels takes the average of those numbers so the usefulness dwindles.

Mountain_Skies• 4 years ago

It's been nice seeing the pay range for remote jobs added to postings, even if they claim the range is only valid in Colorado. Even if pay is somewhat different elsewhere (it probably shouldn't be for remote), at least you know if you're in a Major League ballpark or the local YMCA dirt lot. I did recently see a job posting by IBM that stated that Colorado applicants could email a particular email address, attesting that they're a Colorado resident who plans to apply for a particular position, and then they'd reply back with the range. Wondering if that attempt at information hiding complies with Colorado law or not. If more states add this requirement, workarounds for companies to hide the data will become cumbersome.

pnw• 4 years ago

Although I see the appeal of this, the MAJOR flaw is that California allowed a private right of action, unlike the Colorado law.

It’s inevitable that lawyers will weaponize this as a new source of revenue, just like patent trolls and ADA lawsuits do with copy and paste lawsuits. And those lawsuits will disproportionately fall on smaller companies without in-house lawyers and the resources to fight them, just like they have with ADA lawsuits and patent trolls.

California jobs required to post pay range starting 2023

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