Rising pay transparency is causing an employer compensation information ‘arms race’ ( www.cnbc.com )

Fiivemacs , 7 months ago

Hey this is the bullshit that ISPs do too.

Advertise service for like $70 a month, when in REALITY it’s 140. I always askel for the real price and they continue to tell me the sale price…I don’t care about sales and deals until I know what shit costs.

This is the same bullshit, just in reverse. Hide the pay and only talk about the bullshit they can just take away in a moment’s notice. Deceptive.

Name and shame.

danielquinn , 7 months ago

While sometimes the case, it’s not always true.

I used to work for a big(ish) NGO in the Netherlands. They didn’t have the financial backing to offer me a salary on par with what other private companies were offering, but they did have a substantial perks package because of the many tax rebates available to such organisations.

• My ISP was paid for
• I got a free laptop every few years
• €1k for home office upgrades every few years
• €700 toward a bike every few years.

When you add it all up, it was still a pay cut, but at a certain income level that stops being relevant.

I also later worked for Big Evil Corporation in London where they paid below market rates plus:

• 15% bonus
• 7% "London is expensive allowance"
• 20% pension.
• £6500 car allowance (I don’t have a car, so this was just cash)

This allowed me to stay under certain income levels for tax reasons while squirreling away a bunch of money for my pension.

They were evil assholes though, so I quit.

Anyway, it can make a lot of sense to tinker with the salary in the form of benefits. The important thing is for workers to share their compensation information openly to ensure fair dealing.