Employers in NYC and California will soon have to post salary ranges on job postings

Exactly. That proves my point!

I am good with all of those things. Note that they dont put that stuff in their advertising. You have to actually go TO the location to read the ingredients, see the car price, etc.

All of those things basically work as I am suggesting they should.

A house flyer on the street says For Sale.
It may have pics and amenities listed, but often says "call for price".

A car commercial tells you all the benefits of the new F150, but you have to go to the lot to read the sticker or meet with the salesman to get the final pricing.

That delicious looking food in the commercial lures me to the store before I know what the ingredients are.

Etc.

They have to disclose these things, but not at the front facing marketing end.

 

Agree. You can go to glassdoor right now and get a very accurate range for almost any company/industry.

The days of smokey room strategies of secrecy are long gone.

Anyone who has looked for a job recently isnt being deprived of info.

 

Also in construction world, if carpenters, welders and skilled or general laborers are not compensated properly, they will indeed leave a job on site and move to a new one to make a couple bucks more an hour. Esp Hispanic workers, they know what’s up. Construction owners know it and offer competitive wages or they risk not completing the job on time. I’m telling you we don’t need government intrusion here. It’s working just fine.

 

I am not against some limited regulation, but this is a classic case of big government just needing to find “something” to regulate in order to remain relevant. That will never end. They will never say “hey, I think we’re good on regulations now; we don’t need any further.” No. They’ll continue to conjure up more and more needless regulation until one day we are looking like Cuba and China, where the state has a hand in every single facet of our lives. Some regulation is good, but at the same time we should never lose sight that free market capitalism is the most successful way by far in our world history. Implementing controls at every stop leads us down a dark path and it would take generations to undo the damage.

As has already been said. This regulation would be pointless as nobody starts a job without knowing the pay structure and if they do, perhaps getting burned is a good life lesson for them. I mean, you have to iron out pay before you start working somewhere and it’s not particularly hard to do. Grow up and take some ownership of your lives and quit expecting the government to hold your hand through every major decision in life.

 

Well said man. Govt won’t erase old bad laws either. They’ll continue to sell themselves as necessary and end up creating more bubbles and problems with new, creative ways to make superfluous laws.

 

Interesting take, considering basically every GOP position revolves around grand “back room” conspiracies against them (Teachers grooming children to be liberals/gays/cats, replacement theory, social media “censorship” against conservatives, war on Christmas, etc).

In either case, these laws have nothing to do with “smokey back rooms”. It’s simply a call for more transparency up front, which generally leads to more rational and efficient markets. THAT is the benefit. I wonder if we polled economists what they would think of this, is there any economic ideology that prefers opaque non/transparent markets? Don’t get me wrong, I get why the beneficiaries of black markets prefer to keep things in the dark (whether that’s drug cartels, political action group dark money, Airbnb fee scammers, or whatever), but if we are talking about “normal” functioning economies like the pay scales of nurses or bus drivers. I don’t see the benefit of anything but full openness to drive more rational decision making, again the ONLY possible beneficiary is someone hoping to hire someone at less than market rates. I totally understand why a small business owner wouldn’t want this, it’s totally classic push and pull between business and labor, even if some are subconsciously disguising it as a “too much big government” argument.

 

I see you moved right past my point about Houses, car lots and ingredient labels.

They literally prove my point.

And again, many companies arent trying to keep people in the dark as much as give themselves a fair chance to highlight other things in the light.

If you want to know the pay rate, ask. If they wont tell you, move on. You likely dont want to work for them at that point anyway.

And lol at the "airbnb scammers" . Im still waiting for someone to show me where airbnb allows me to hide fees in my property or where they dont openly list all costs clearly before payment is taken. That must be an old thing. Its not set up like that now

 

Commerce powers aren't just about fairness and equity, but also economic efficiency. Reducing wasted time or sub-optimal transactions by promoting pricing transparency is a legitimate goal.

Whether this has the desired effect is another question, and will depend on how it's implemented, but it's not hard to see how having actual labor pricing reported directly from employers in real-time could be more useful--both to buyers and sellers of labor--than estimates you can get elsewhere on the internet, which are often based on outdated or questionably reliable data.

 

I am not even arguing that. But there are a lot of freedoms that government could infringe upon that may make things more efficient. It still doesnt mean they should.

Government isnt exactly efficient itself and probably needs to sit this out.

 

Did you just say “wasted time” and govt regulation in the same paragraph? Holy sheet.
Employers in the real world will not waste time playing games with pay rates. That’s out of the question.

 

These sorts of regulations don't involve providing government services, though so governent's efficiency/inefficiency in that respect isn't very material. It's on the companies to comply with the rules. If they don't, there's typically some kind of fine or another enforcement mechanism that pays for the cost of enforcement, so there's no net cost to the taxpayers.

 

Really? Who is checking on companies to show compliance? More govt employees….more taxes.