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by JavaBatman
1566 days ago
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There should be a legal requirement for companies to publicly post the salary band for every role. Otherwise, how do employees know where to start negotiations? This opaqueness only helps the employer, who already has much more leverage. Price assymetry goes against free market principles. The price of labor is like any other price of a good or service. People should know how much something costs before buying. |
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Sounds great, but it doesn't really work out in favor of higher salaries. It becomes too easy for hiring managers to say "that's the salary band, can't go any higher". A lot of people hate negotiating and accept it as-is. Compensation at these institutions tends to be lower than what you get elsewhere, not higher.
The real negotiation just gets moved to a different discussion: If you say you need $150K but the salary band for the job listing is $100-120K, you can try to get them to create a separate, new opening at the higher salary band. Or they might already have multiple job openings at different salary bands and they'll quickly switch you to the other opening in the system, which doesn't actually change much at all from the hiring perspective.