Re:EU to mandate public salary information for all job posti...
by ajsnigrutin on Wednesday February 23, 2022 @12:42PM
(#30443878)
Even worse is, that a high producing coder with just a high school degree can easily outearn someone with a PhD in ancient greek language by a huge factor. Considering that people who studied ancient greek are most probably receptionists in such company, this will cause a lot of problems in the long run.
Maybe full transparency would solve all those problems (eg. all paychecks are public), but i know people who prefer their paychecks private, because of otherwise modest lifestyle, their landlords would increase their rent, and random family members would come begging for money.
Re:EU to mandate public salary information for all job posti...
by TheCoelacanth on Wednesday February 23, 2022 @04:03PM
(#30446399)
That seems doubtful. Europe might not have as much of a hard-on for free markets as the US does, but they aren't, by any stretch of the imagination, on the verge of abandoning market economics for labor.
I would expect them to push for a Marxist view on "value" of work, basically each hour is of equal value, but where you adjust for number of years of formal education, again where the type of eduction is not important. A developer with a MSc from a top college may be compared to someone with an MSc/MA in Sociology, working in the HR department, for instance.
The key alternative is to gauge value based on market demand, but where I live (Northern Europe), those who advocate "equal pay for work of equal value" don't seem to go for that. Instead, they claim that nurses and engineers should have the same salary, as the length of their education is different, at least for people employed by the public.