Netflix, Tesla Post Wide Salary Ranges Under New California Pay Law
The same job can pay anywhere from $90,000 to $900,000 at the streaming service, for example
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A Tesla Inc. software engineer could earn anywhere from $83,200 to $417,600. Netflix Inc. has one job posting advertising a pay range of $90,000 to $900,000 and another at $50,000 to $600,000.
Under a new California law that took effect this week, all companies with 15 or more employees advertising jobs based in the state are required to post an estimate for what the employer “reasonably expects to pay” with the posting. Much like when New York City’s law went into effect last year, some companies are taking a liberal interpretation of the new regulations with notably wide pay ranges.