Technology and Digital Marketing Recruiter @ Knak Digital | Fractional Talent Acquisition | Hitting Hiring Roadblocks? I can help 🙋🏻♀️ Job Search Advisor | Baltimore & D.C. metro 🔊 (Riv-Knack)
Roger Lee, the creator of Layoffs.fyi, launched a website last week that shows pay ranges that tech employers in California and NYC are required to post. The data is aggregated from the career pages of 700 tech employers, from Movoto to Reddit, Inc. 🌟Results are only for jobs in Cali and NYC! ➡️Factor in the Cost of Living differences https://lnkd.in/gtzjbQeq
While no tool is perfect and there will always be many factors like COL, locality pay (in the case of NYC and CA where it's required now, some of the highest COL in the country) it is head and shoulders above the games employers play in the hiring process -- a bad game show like atmosphere of you tell me first what you want, no you tell me what you're offering, no you tell me if we're close. It's time if we want to truly offer a better hiring process, more equality in pay, and to treat employees more fairly we start with pay transparency. And if you're so against it, what do you have to hide?
Awesome tool (seems pretty similar to levels.fyi, which offers insights into tech salaries for a variety of locations). And while we could certainly have a lengthy conversation about what role geography based cost of living differentials SHOULD play in compensation strategy, the reality is that this is indeed a factor for nearly all companies. So it'd be terrific if these tools further equipped jobseekers to accurately evaluate the value of these roles by incorporating some kind of multiplier based on where they live. Perhaps an integration with Numbeo or some such?
This is an amazing resource Kelli Hrivnak thank you for sharing!
Wow, these guys are great. There will be no hiding information in the future, it seems. Transparency is going to be a reality.
As always, salaries drive housing rents and prices.
If they are any kind of job that can be remote, COL is irrelevant.
Duane Clement and Christopher Smith - thought you guys might find this interesting. Love this new direction of increased transparency around pay.
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1yGreat find! Thanks for sharing this! The more transparency we can put around salaries, the better!