Comment by nonethewiser
3 years ago
Why should everyone at the same level earn the same? There are still differences in skill and willingness to work for a given range.
3 years ago
Why should everyone at the same level earn the same? There are still differences in skill and willingness to work for a given range.
"Willingness to work for a given range" gets exploited by employers at the expense of employees. It helps prop up structural (gender/race) pay gaps and breeds distrust among employees as some salaries inevitably leak out.
The structural pay gaps exist because salaries are not public in the first place.
Paying less due to gender and race is already illegal. The only reason it prevailed is because proving it is difficult if you do not have access to the data.
Of course, that's my point :-) It is illegal but still exists empirically today, which is one very good reason why salary bands should be public.