![]() ![]() “The range reflects target new hire salaries for the position across all U.S. A business planning lead with 10 years of experience could earn $184,000 to $276,000. The management consulting company lists a wage range of $84,000 to $155,000 for a compensation strategies consultant with at least two years of experience.Ī Youtube software engineer with two years of experience earns a base of $126,000 to $190,000, plus a bonus, equity, and other benefits. CitigroupĪ senior analyst in wealth management operations at Citigroup can expect to earn between $72,550 to $108,830, while an investments lead in Citi Treasury and Trade Solutions can earn a base between $200,000 to $300,000. Meanwhile, a Java engineer with four-plus years of experience can expect to earn between $70,000 to $135,000, plus a bonus and benefits. “Ultimately, in determining your pay, we’ll consider your location, experience, and other job-related factors.” “The above represents the expected salary range for this job requisition,” the job listing notes. American ExpressĪ senior manager in client management at American Express can expect to earn a base salary between $80,000 to $155,000 annually, plus a bonus and other benefits. “Dependent on the position offered, equity, sign-on payments, and other forms of compensation may be provided as part of a total compensation package.”Ī posting for a similar job in Aspen, Colo., has a salary range between $88,400 and $185,000. “Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience,” the site reads. It all comes down to what “good faith” means and the skills and experience of each applicant. “There’s a little bit of formula and experience, and a little bit of guesswork in what they will have to pay to attract talent.”Īdditionally, employers may be able to offer a salary outside of the range listed. “I’m not surprised that there are some jobs for which the range could vary dramatically,” says Camacho Moran. In Colorado, which also has salary transparency laws in effect, the same position at the company is listed for $129,000 to $409,500 annually, reflecting the difference in cost of living. For example, a communications director at PricewaterhouseCoopers could earn $147,000 to $466,500 annually in New York City. That’s led some job openings to have seemingly large salary ranges listed on employer websites, already angering applicants. They have to consider what current employees make, what will make them competitive in the current tight labor market, and what they would pay based on a potential applicant’s experience, skills, and other factors. While that provides some clarity to job seekers, it can be complicated for employers, says Domenique Camacho Moran, a New York–based employment attorney. It’s intended to close gender and racial wage gaps. The value of government transparency and the need for more of it has been on full display since the Mackinac Center and two other watchdog groups released the Michigan Government Salaries Database in late March.Under the law, which was initially supposed to take effect in May but was pushed back after company complaints, employers must publish “good faith” salary ranges for job postings, including minimum and maximum pay. The new database - which is easily searchable and made available as a public service by the Mackinac Center for Public Policy, Michigan Coalition for Open Government and Michigan Press Association - contains salary information of nearly 300,000 public employees. “As part of our government transparency project, the Mackinac Center often obtains data on the compensation of government employees in Michigan,” Michael Reitz, Mackinac Center executive vice president, was quoted by My Bay City as saying. We and our partners now offer this database as a service to taxpayers and other watchdogs.” “We use these public records to fact-check claims about salaries, verify data from other open records requests and hold governments accountable for their spending. While not the first online database of public employee salaries in Michigan, the new database is the most extensive one and makes it easy for people to access public records. “This database can provide information on whether there are disparities based on gender, race, ethnicity, etc.,” Jane Briggs-Bunting, founding president of the Coalition for Open Government, was quoted in the Lansing State Journal as saying. ![]() Lansing State Journal columnist Judy Putnam said publishing public employee salaries - something the LSJ once did - may upset some people, but transparency is justified.
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