Re:EU to mandate public salary information for all job posti...
by pnutjam on Wednesday February 23, 2022 @11:45AM
(#30443043)
bingo, I've gone from about $56k to $130k in about 8 years by changing companies. I know another guy who stayed with one of the companies for about 30 years. He was making less then me when I got hired, but about $15k and now he's at about $70k.
This should really end. Job hopping should not be necessary to get a decent wage.
Can it be explained on the basis of value? If so, then good. If not, then it's likely unfair.
"It can also create resentment if others knew that someone was overpaid."
How can they be overpaid? The salary was set by the market. If the others are underpaid due to lagging the market, then they might just leave anyways. Their value has changed during their tenure and the company has not adequately adjusted for that to stay competitive in the market.