Where I work, we are White Collar salaried employees. When I look around the office, the diversity of race, ethnicity and gender truly amazes me.
I’ve been there for going on 20 years and my compensation has been based on many, many factors over that time. Timing of promotions; projects worked; timing of merit increases, etc. How would someone even begin to compare my compensation to a female that has only been there 15 years, with a completely different set of circumstances over that time. She might very well make more than me or she might make less.
I was also a manager for several years, having as many as 20 employees working for me at a major corporation. None of those 20 employees made the same amount of money. Their compensation was based on any number of things, as I described above. Some of my employees were female and some were minorities. My compensation calculations were based on many different factors - some of which I had control over and some of which I didn’t.
Given that my situation isn’t unique by any stretch of the imagination, I can’t begin to comprehend how that silly legislation could possibly be enforced? What I see is a bunch of LIB legislators who have no real world business experience.
Democrats are so economically illiterate its not even funny
nobody with more than modicum of intelligence or an IQ over 85 takes Pelosi and the democrats seriously.
Fall for it or be all for it because it puts more money in their pockets?
Just to add another reason it’s totally stupid, usually your current salary has a lot to do with how tight the labor market was when you were first hired, come on board during a tight labor market and you will be making more than someone who didn’t because all of your raises accumulate based on your starting salary. There is a lot of regional variation as well, if you are a company in the midwest you pay a lot more to bring someone in from the east or west coast. They generally start at much higher salaries than someone who is recruited from a much softer midwest labor market.
None of this should be a surprise though and as to how they will decide how much someone gets paid. the answer of course is the government, specifically Democrats.
It would ban salary secrecy, increase penalties for employers who retaliate against workers who share wage information and allow workers to sue for damages of pay discrimination.
Well, that’s not going to cause an increase in workplace violence at all.
How is it anybody else’s business how much money I make?
I think employers should openly publish the wage ranges for every position they hire for. It would eliminate a lot of the backstabbing and sabotage from co workers who feel they’re making less than they’re entitled to and would add negotiating power back to the employees if they actually know where to start negotiating at. You could also compare wages between a prospective employer and their competition instead of guessing whether or not you’re being given a better or worse offer.
Now that all being said, the government should have absolutely no say in what an employer actually pays their employees. Leave it up to the employees to decide if what the employer is offering them is worth it or not.
This is nothing more than window dressing to pander to the womens vote something Democrats are hoping to cut swaths into in the upcoming presidential elections in 2020. Pull up the numbers in which to determine how many women voters supported and voted for Trump in the 2016 elections and it might shed some light on the Democratic party strategy and why Piglousy is behind this. The womens vote is an important demographic for any Presidential candidate and incumbent so this I am guessing this introduction of this silly bill is the motivation behind it, all good talking points and very little on substance!
Absolutely! Free market principle is based on supply and demand, and the skills that calls for higher pay means its more in demand because not everyone can perform a certain skill set. Whereas a job that requires shoveling gravel can be filled with a 100 to 1 ratio from the available labor pool thus the pay is substantially lower! Of course leave it to progressives to try to undermine that Free market principle and replace it with a communist construct where everyone makes the same pay no matter what the skill set is.
I dont believe that is a good idea , that would create more problems
example you would create a class like system if that were the case, someone could say I deserve more money because I went to an ivy league school
People have different work ethics and circumstances, what do you do with a woman who doesn’t want to have kids and works 80 hours a week vs a woman who has a child and takes time off to raiser her child and then comes backs , should she earn the same as the woman who works 80 hours a week and didnt take time off for maternity leave?
There is no perfect solution
I do agree the government has no business deciding wages for a company.
Every place I’ve worked over the years publishes salary ranges for each grade level.
For instance. Let’s say a particular area has 5 grade levels. A junior person would join at grade level 1 and a very senior person might be at grade level 5. Each of those grade levels has an associated salary range. Thus for grade level 3, that salary range might look like this. low point = $32k; mid point = $45k; high point= $60k. So it would be safe to assume that a person at grade level 3 has a salary somewhere between $32k and $60k. Over time, that person’s salary is adjusted within that range, based on corporate increases and job performance appraisal.
So if this year’s salary adjustment increase cap is 3%, each manager would use that allocation to rate those in his group within that 3% cap. Those with a higher appraisal rating might get the 3% raise, while those who are rated lower might see less of a raise - maybe 1% or 2%. There are a great many other factors, but you get the picture.
I understand what youre saying , and I know a lot of public sector companies do that, including the military.
The problem with posting ranges is, it doesnt address the work ethic, we all know people have different work ethics.
Lets say you posted a range , like your example Level 3 range might be Low point 32K Mid Point 45K and high point 60K.
The problem when you dont have free market principles is people can get move from level to level not based on work ethic but by nepotism .
We all know people who works for a company for years and just skates by and we know others who work their asses off and moves up the ranks quickly.
I think posting ranges doesn’t motivate it can create envy problems especially for the least productive, therefore punishing the productive and extremely productive.
Personally I believe people should be paid what they are worth and the surplus value they bring to the employer, but that is employing free market principles, which isnt popular with the left and unions.
