Re:New law bans California employers from asking applicants ...
by taurath on Wednesday October 18, 2017 @04:42PM
(#15502819)
I'd laugh my ass off if the CEO/upper management of any company in the US had to actually report to their employees how much they made, and not just through salary. There would be an uprising.
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Re:New law bans California employers from asking applicants ...
by harryh on Wednesday October 18, 2017 @04:49PM
(#15502910)
Compensation packages for CEOs and upper management for public companies are, in fact, public in formation (in most cases, there are some exceptions). This sort of thing is routinely reported on by the press. This has been true for a long time.
Re:New law bans California employers from asking applicants ...
by falcolas on Wednesday October 18, 2017 @04:54PM
(#15502958)
No uprising, but there has been an upwelling of CEO compensation, as nobody wants to lose their CEO due to a lack of compensation.
IIRC, it's been one of the biggest driving forces in CEO's salaries skyrocketing.
I don't think, however, that it would have a similar effect on our (i.e. employees) salaries.
Re:New law bans California employers from asking applicants ...
by secabeen on Wednesday October 18, 2017 @06:15PM
(#15503719)
It's the Lake Wobegon effect. No company wants to say their CEO is below the mean, and pay is a signal of CEO quality, so every company is always trying to pay above the mean, and so the mean inexorably rises and rises.
Re:New law bans California employers from asking applicants ...
by krupan on Wednesday October 18, 2017 @06:29PM
(#15503823)
"I don't think, however, that it would have a similar effect on our (i.e. employees) salaries."
Why not?