Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Keep in mind that the law only requires salary to be listed. Large companies typically only list salary, because it helps them hide the true compensation numbers.


why is the salary not listed in this posting then? https://retool.com/careers/technical-account-manager--succes...


Because enforcement is zilch.


Why don't they adjust the law so the total comp is also required to be listed?


Because it’s not exact. Nobody knows how much your stock/options/RSUs will be worth x months from now. But they know what your base salary will be.

Also, if I’m a candidate and the company has to tell me a number, I do NOT want to know the “total comp” because it might be 90% lotto tickets (ie startup options) and 10% base salary. Unless they explicitly break it down, I rather know the base salary


It's not even clear what they're worth at the moment of granting. There are multiple models for options valuation which have to be layered on top of multiple models for private share valuation.


The law could require listing of base salary, nbr of stocks/options/whatever, any other benefits such as PTO.


Report them to the CA state government. It’s legal only if they have < 20 employees


Call you state representative and ask them to. Legislation is iterative.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: