Given the massive data breaches in recent years - especially First American Financial, Experian, and other troves of in-depth personal financial data - how easily could the pay ranges be deduced & disclosed by any determined grey hat? At least for most of the positions at very large companies. Which I'd bet is where 90% of the benefits of the current situation (huge information asymmetries in hiring and employment relationships) lie for those organizations.
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For Australian jobs on Seek some enterprising redditor wrote a script to binary search over salary for a given position.
So, you give it a job ad, and it repeatedly changes the search criteria to give you an upper and lower bound on the ad. I've never needed to use it but thought it was neat.