Posts Tagged ‘pay transparency’
Washington State Updates Pay Transparency Guidance
Get ready, employers. Washington State’s pay transparency law goes into effect beginning January 1, 2023, and requires employers to disclose salary and benefit information in job listings. To help employers comply, The Washington State Department of Labor and Industries (L&I) has issued several iterations of a draft administrative policy detailing the requirements. Below we cover…
Read MorePay Transparency Can Save Employers Money—and More
When it comes to pay transparency, saving employers money is just one of the advantages. There’s a whole business case for pay transparency that starts with savings. Though it may seem counterintuitive, according to recent research, job listings with pay in the title cost about 67 cents less per click. That’s about a 35% lower…
Read MoreLeaders and Laggards of NYC’s Pay Transparency Law
New York City’s highly anticipated pay transparency law took effect on November 1, 2022. The new law is intended to help reduce gender and racial pay discrimination. At a high level, it requires employers to share minimum and maximum salary or hourly wage for new positions, promotions, and transfers. So, how’s it going now that…
Read MoreNew York City Pay Transparency Law Takes Effect Nov. 1
New York City’s trending pay transparency law is finally set to take effect on November 1. The law requires employers to share salary ranges for new positions, promotions, and transfers in an effort to help reduce gender and racial pay discrimination. Below we go into the details of the new law, explain its history, and…
Read MoreWashington’s Pay Transparency Law Has Implications for all Employers
With the passage of Senate Bill 5761 earlier this year, Washington state is joining a host of others in amending laws to promote pay transparency. The new legislation requires salary range disclosures in all job postings and has implications for employers across the country. What does the law require? Beginning January 1, 2023, the Washington…
Read MoreThe State of The Pay Gap in 2022
It’s true that 2022 has been a banner year for change in the workplace. With so many states enacting new laws requiring organizations to prove they harbor fair pay practices, it’s clear that we’re on the path to finally closing the pay gap. Despite the utmost progress though, the World Economic Forum still predicts that…
Read MoreCalifornia SB 1162 Signed Into Law: Takes Effect Jan. 1
Yesterday afternoon, California Governor Gavin Newsom signed SB 1162 into law. It is now one of the most aggressive pay equity laws in the country. Effective January 1, 2023, a mere three months from now, organizations around the country will have sweeping new reporting requirements to comply with. To help you prepare for the forthcoming…
Read MoreAddressing Wage Compression to Attract and Retain Talent
Pay transparency continues to be a focal point this year. With 10 states having implemented salary range requirements for job listings, it’s paramount that employers manage pay policies and practices that promote fair pay in the workplace. As organizations incorporate these pay transparency policies, however, they must be mindful of wage compression. Wage compression, also…
Read MoreCalifornia SB 1162 One Signature Away From Becoming Law
Earlier this week California SB 1162 passed the state Senate and Assembly floor, clearing all California state legislative hurdles. The bill now advances to Governor Gavin Newsom who has until September 30, to sign it into law. Following the success in the final rounds of California’s state legislature, Senator Monique Limón, who first introduced SB…
Read MoreCombatting Wage Compression in the Age of Pay Transparency
As employers navigate the competitive labor market, pay transparency continues to show up at the top of initiatives to pursue. And for good reason. Pay transparency, whether it be via means of posting salary ranges in job listings, publicly announcing open pay communication policies internally, or obtaining pay equity certification, can help organizations differentiate themselves…
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