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A comment on California forces companies to show pay on job listings, revealing salaries. Parent comment

Re:California forces companies to show pay on job listings, ... by sokoloff on Friday January 06, 2023 @09:53AM (#34275241)
Why would variable comp "not be good for workers"? At the extreme end of variable comp is a worker-owned collective, which a lot of people seem to be in favor of.

Variable comp could have positive effects (reducing the pressure to have layoffs during lean times, creating an environment where success is shared with those who participated in creating in, aligning incentives across different factions to better support customers).

[ Parent | on HN ]
Re:California forces companies to show pay on job listings, ... by ChiefEngineer on Friday January 06, 2023 @10:45AM (#34275971)
Because variable compensation is not going to be variable in practice. It's going to closely track to the stated minimum. For some executives the variability is in the split between their bonuses and shareholders in the form of increased EPS. Employees get the remaining portion, if any.
[ Parent | on HN ]