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by hexadec
1234 days ago
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>The only possible purpose of making laws like this is so that the state can try to enforce some remedy whereby we're told how much we have to or are allowed to pay someone. Who in their right mind wants to sign up for that kind of risk? How is this the logical conclusion you arrive at? Do you as a company not have a salary range for headcount? Do you not expect prices to be posted by your vendors leading to a lack in informational symmetry and haggling during every routine interaction? Imagine if your landlord could arbitrarily raise your rent an untold amount with no notice. You of course have options, move or negotiate. But the informational asymmetry means it is harder for you to know if you are getting a good deal if every other landlord is listing their rent as $1-100000 per month or not telling you until after you spent the time checking out the property only to find it is way outside your budget. The time cost of candidates finding your job, doing some basic research, prepping for X rounds of interviews, possible homework, dealing with hiring managers/ recruiters is insane once you figure folks usually apply to multiple jobs. Why not just tell them up front the salary like you do for role expectations and company culture drivel? Posting honest salary bands is fine to me, say seniors will get $100-150k or whatever, but the article shows clear malice towards any legitimate transparency up front. |
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But in pretty much all cases, the renter incurs possibly substantial costs in time, money, and general well-being. So the mere act imposes a cost on the renter, even if the renter never pays the landlord an extra cent. Landlords know this, and if they can estimate those costs, they are able to increase rent freely as long as the present value of the rent increase is still less than the cost of moving and/or getting a lawyer. Employers have the same power, especially in tight labor markets.