Secret Revealed – That’s How Many Dollars Silicon Valley Companies Pay

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Silicon Valley – this is where many of the largest and most successful tech giants, start-ups and game developers in the world indulge. Their appeal to potential applicants is correspondingly high, especially because of the above-average salary. Only: How much the companies really pay was a well-kept secret for a long time. Now it is – at least for the most part – broadcasting.

Because since the beginning of the year, companies in California with at least 15 employees in vacancies have been required to provide information about the expected salary range. Previously, these only had to be disclosed at the “reasonable request” of the person seeking the position, as explained by The Sacramento Bee newspaper – meaning it was up to the applicant to determine the salary level for the desired position. determine. If this salary information is now missing, employers threaten after the so-called Assembly Bill 1162 future fines up to $10,000.

Source: Krone

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