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A comment on Google Moves to Address Wage Equity, and Finds It’s Underpaying Many Men. Parent comment

Re:Google Moves to Address Wage Equity, and Finds It’s Under... by maxxxxx on Monday March 04, 2019 @05:16PM (#19306145)
For what? For pay transparency look at Congress staffers, lot of state employees, a lot of CEOs, the military or some tech companies. For the second point I think it's pretty well known that markets can only properly function if all participants have the relevant information.
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Re:Google Moves to Address Wage Equity, and Finds It’s Under... by Gibbon1 on Monday March 04, 2019 @06:30PM (#19306729)
> markets can only properly function if all participants have the relevant information.

That's the reason why it's criminal for employers to punish employees for discussing compensation with each other and why employers try their hardest to prevent that from happening.

I posit that in a lot of (most) companies profit is born wholly by the underpaid employees.

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Re:Google Moves to Address Wage Equity, and Finds It’s Under... by renholder on Monday March 04, 2019 @06:02PM (#19306545)
>For the second point I think it's pretty well known that markets can only properly function if all participants have the relevant information.

So the markets have been improperly functioning, this entire time, because they didn't have the relevant information...?

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Re:Google Moves to Address Wage Equity, and Finds It’s Under... by maxxxxx on Monday March 04, 2019 @06:21PM (#19306670)
Yes, the salary market is not functioning properly because one side has vastly more information than the other side.
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