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F 🐠 32 in NYC - anyone in the New York area?
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I'm predicting a bunch of sudden title changes with no pay changes to match. Companies will find a way around the law.
Will definitely be interesting to see the difference in pay between departments.
Go ahead but post everyone’s salary next to how much they pay for rent.
Chief
Sorry. Then well played.
I could see it evening out the pay across the country if an office has multiple locations with one in NY.
For example my team has people in NY and CHI. It wouldn’t seem fair for the AD in NY to make more than the AD in Chi when they are doing the same work for the same team
I get that. But I could see people in the cheaper living state getting frustrated and asking for equal compensation.
I’ve also been curious how remote salaries are being calculated. Is it by where the person lives or where the company is located
Rising Star
I was wondering when this was going to go into effect! I bet companies will just use huge margins so it’s hard to tell what’s real.
Do you know why it got delayed? I hadn't heard that.
I had read this article a while back, I could be wrong but it seems like they are going to have a fair bit of play in regards to the amounts they post. It may drive combos for employees at the bottom of those ranges but with fishbowl and glassdoor I am sure people probably have a good idea already
https://www.thedrum.com/opinion/2022/01/28/nyc-employers-must-list-salary-ranges-job-ads-here-s-how-it-will-impact
I think salaries will drop over time as a result of the law. I hope I’m wrong.
Rising Star
Why would that happen?
Honestly, I think salaries will drop a lot!
Rising Star
Why?