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Business Insider Profile picture
@BusinessInsider
Sep 14, 2021 • 9 tweets • 5 min read • Read on X
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Employees have long been forced to negotiate their salaries in the dark.

But that's changing, thanks to a nationwide wave of "pay transparency" laws. 👇

businessinsider.com/pay-transparen… A photo of a $1 bill. George Washington has a finger over hi
When it comes to salaries, you make your best guess of how much to ask for, based on the few tidbits about pay ranges that you've been able to glean from friends, co-workers, and job apps, and then you negotiate in the dark.

businessinsider.com/pay-transparen…
It's a system of secrecy that benefits employers.

But that's all about to change. A growing number of states are enacting measures known as "pay transparency," which force companies to disclose their compensation levels.

businessinsider.com/pay-transparen… A photo of a $1 bill. George Washington has a finger over hi
Studies show that greater transparency narrows pay inequities based on race and gender.

If enough states enact pay transparency, it could forge a new national norm — one in which companies are as upfront about salaries as they are about prices.

businessinsider.com/pay-transparen… A photo of a $1 bill. George Washington has a finger over hi
The first state to compel employers to disclose salary information to candidates was California.

But there's a twist: The applicant has to request the information. Similar laws have been enacted in Maryland, Washington, Toledo, OH, and Cincinnati, OH.

businessinsider.com/pay-transparen… A chart that shows which cities and states are requiring emp
Employers in Connecticut, Nevada, and Rhode Island will soon have to disclose their pay scales to every jobseeker — even those who don't request it.

And employers in Colorado must now include their minimum and maximum pay levels in every job posting.

businessinsider.com/pay-transparen… A chart that shows which cities and states are requiring emp
Colorado's law has terrified employers.

Big national companies that have at least one employee in Colorado now find themselves required to post pay levels for any remote role that could potentially be performed in the state.

businessinsider.com/pay-transparen… A photo of a $1 bill. George Washington has a finger over hi
But thanks to Colorado's new law, no region has seen a bigger boom in pay transparency than the Rocky Mountains.

businessinsider.com/pay-transparen… A photo of a $1 bill. George Washington has a finger over hi
When we know we're getting paid fairly, we can all stop worrying about whether we're getting screwed over and get on with the work we were hired to do.

Subscribe to @thisisinsider to read the full story:
businessinsider.com/pay-transparen… A photo of a $1 bill. George Washington has a finger over hi

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