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…
But that's changing, thanks to a nationwide wave of "pay transparency" laws. 👇
businessinsider.com/pay-transparen…
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…
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…
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…
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…
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…
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…
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…
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…
And employers in Colorado must now include their minimum and maximum pay levels in every job posting.
businessinsider.com/pay-transparen…
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…
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…
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…
businessinsider.com/pay-transparen…
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.
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businessinsider.com/pay-transparen…
Subscribe to @thisisinsider to read the full story:
businessinsider.com/pay-transparen…
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