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A comment on New law bans California employers from asking applicants their prior salary. Parent comment

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.

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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.
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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?

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