Re:Gender pay gap shrinks when companies disclose wages
by ganzuul on Monday March 04, 2019 @03:23AM
(#19299648)
Seems like a self-fulfilling prophecy in that scenario. Equal wages is supposed to result in improved production... isn't it?
Re:Gender pay gap shrinks when companies disclose wages
by coldtea on Monday March 04, 2019 @04:34AM
(#19299954)
>Equal wages is supposed to result in improved production... isn't it?
No, why would they?
Suppose that half of your workforce makes 60% of the wages, and the other half make 40%. Suddenly, PR dictates that you need to even that out.
Your budget for salaries hasn't increased. Your other costs haven't decreased. Your projected revenues haven't increased. The money to bump the bottom half up has to come from somewhere, and with a fixed salary budget, it comes from the other half's expected raises and new hires.
Unless, of course, you have the flexibility to start rewriting all of your budgets, but that still hasn't changed the fact that both revenues and all other costs remain fixed.