Companies lower salaries in job postings as pay transparency laws take effect
Pay transparency laws have made more employers disclose salary ranges in job listings. Yet, a new report finds advertised wages aren’t growing as expected.
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This was never about raising salaries.
Now that the data is public, the companies can implicitly collude to keep them low. No one will offer more than any other, which will drive them down.
They were already colluding. At least now workers can see it and form unions to fight back.
Except if one chooses not to play ball and pay a little more, it can have the best of the pool. So others compete, I think that's how this is supposed to work
They share it amongst themselves via third party consulting firms already. This just gives the public visibility.
We just gave "big data" more "big data". They surely won't use it against us!
then no one will work if they can choose to not.