Do you support pay transparency laws ?
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  Do you support pay transparency laws ?
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Question: ?
#1
Yes
 
#2
No
 
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Total Voters: 15

Author Topic: Do you support pay transparency laws ?  (Read 341 times)
lfromnj
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« on: April 03, 2023, 01:59:54 PM »
« edited: April 03, 2023, 09:41:04 PM by lfromnj »

Some blue states and cities are doing this along with the Eu. They require job postings to list salary. On paper it seems good from a leftie perspective but some studies have shown this actually lowers overall salary while boosting women.

Anyway obviously no.

https://www.nytimes.com/2023/01/14/business/pay-transparency-public-salary-information.html

Quote
In a study published in the journal Nature Human Behaviour, researchers analyzed the salaries of 100,000 academics over 20 years. As websites made their salaries easily searchable, the gender pay gap improved by almost 50 percent. But the gap between academics who performed best — based on markers like publications, awards, grants and patents — and those who performed less well also shrank.

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Damocles
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« Reply #1 on: April 03, 2023, 02:24:26 PM »

Imagine thinking that publicizing information about a company’s willingness to pay for a specific position could somehow result in a worse or less efficient allocation of labor and capital. Cringe.
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Del Tachi
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« Reply #2 on: April 03, 2023, 02:50:27 PM »
« Edited: April 03, 2023, 02:55:32 PM by Del Tachi »

Pay is more equal under "transparency" regimes because employers respond by weakening incentives and essentially dropping any pretense of a link between performance and pay.  This has predictable outcomes:  motivation declines and the best employees flee for jobs willing to recognize their ability.   
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President Punxsutawney Phil
TimTurner
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« Reply #3 on: April 04, 2023, 02:10:50 AM »

Not universally, if evidence is that it won't generate results. Lean No on that basis.
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