Companies to publish salary ranges in job adverts under new EU rules

Re:Companies to publish salary ranges in job adverts under n... by YeGoblynQueenne on Thursday March 23, 2023 @06:19PM (#35282137)

Here's a few EU and Europe technology companies I could find information on, including their market capitalisation:

  ASML (Netherlands, Market cap: $262.07 Billion)
  Accenture (Ireland, Market cap: $171.21 Billion)
  Deutsche Telekom (Germany, Market cap: $118.43 Billion)
  Schneider Electric (France, Market cap: $91.00 Billion)
  Dassault Systèmes (France, Market cap: $54.24 Billion)
  Adyen (Netherlands, Market cap: $48.95 Billion)
  NXP Semiconductors (Netherlands, Market cap: $47.24 Billion)
  Orange (France, Market cap: $31.21 Billion)
  SAP (Germany, Market cap: $31.21 Billion)
  Ericsson (Sweden,Market cap: $31.21 Billion)
  Vodafone (UK, Market cap: $30.67 Billion)
  STMicroelectronics (Switzerland, Market cap: $45.92 Billion)
  Infineon (Germany, Market cap: $50.75 Billion)
  TE Connectivity (Switzerland, Market cap: $39.56 Billion)
  Amadeus IT Group (Spain, Market cap: $28.69 Billion)
  Nokia (Nokia, Market cap: $26.18 Billion)
  Cellnex Telecom (Spain, Market cap: $26.24 Billion)
  Spotify (Sweden, Market cap: $25.34 Billion)

Note that I selected those for being strictly "tech", as in software, electronics and telecoms. That leaves out plenty of big names in other sectors like fintech, or biotech, etc. For example:

  AstraZeneca (UK, Market cap: $209.57 Billion)
  Novo Nordisk (Denmark, Market cap: $338.28 Billion)
  Siemens (Germany, Market cap: $117.07 Billion)
  Air Liquide (France, Market cap: $85.75 Billion)

And so on.

Note that the EU is 28 independent countries in a common market being built in the last 40 years or so whereas the US is one country, so the comparison is not straightforward. For example, Orange's $31 billion may not be a lot compared to Apple or Gogole, but France is ~70 million people whereas the US is ~330 million.

Edit: info from:

https://companiesmarketcap.com/

[ Parent | on HN ]

Re:Companies to publish salary ranges in job adverts under n... by roenxi on Friday March 24, 2023 @07:25PM (#35297062)

That list of market caps is comparable to Google, and EU fragmentation as an excuse is grasping at straws - not only is that an example of the absurdist over-regulation in the EU (why are they all so excited about banning trade with each other?) but Google actually makes 30% of its revenue from the EU so it isn't like fragmentation is stopping Google from success.

It isn't like the EU is short of great coders, they just regulate their way to oblivion. With good ideas like the one in the article, I cheerfully add. They are making it transparent that anyone with a choice should go work for a US company.

[ Parent | on HN ]

Re:Companies to publish salary ranges in job adverts under n... by YeGoblynQueenne on Friday March 24, 2023 @09:21PM (#35298084)

Google is based in the US, so why would it matter whether the EU is one country or many for Google's market capitalisation?

[ Parent | on HN ]

Re:Companies to publish salary ranges in job adverts under n... by roenxi on Friday March 24, 2023 @10:37PM (#35298650)

If it easier for a US firm to move into European markets than it is for Europeans to? That is 100% on the Europeans. The difference between 70 million and 300 million in the home country doesn't make that much of a difference of how easy it is to break in to the German market - the problem is that French regulators would never allow a French Google to grow.

If France had a Google-like company, it'd end up like Nokia. Hiding at number 16 on a list somewhere, rather unremarkable, trying not to think about what could have been.

[ Parent | on HN ]