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A comment on Microsoft will include pay ranges in all U.S. job postings. Parent comment
Because that is pretty much what happens now, except now the applicant doesn't know the range.
The only thing that can happen with this is that people who think they're worth outside the range won't apply. And this isn't that much of a problem.
If the employer finds they aren't getting the quality of applicant they desire, they have an option: increase or change the range.
There is a lot of information asymmetry in hiring and most of it benefits employers.
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Because that is pretty much what happens now, except now the applicant doesn't know the range.
The only thing that can happen with this is that people who think they're worth outside the range won't apply. And this isn't that much of a problem.
If the employer finds they aren't getting the quality of applicant they desire, they have an option: increase or change the range.
There is a lot of information asymmetry in hiring and most of it benefits employers.