New California bill aims at the combined $107 billion lost to gender, racial pay gap

After a study found vast gender and racial wage gaps for workers in the same roles, a new bill would force companies to share their wage data publicly.

Companies with more than 100 employees in California could be required to publicly share how much they pay their workers in an attempt to close the gender and racial pay gaps.

Sen. Monique Limón, D-Santa Barbara, introduced a bill this week that would require companies to share aggregated data on wages broken down by race, gender, and ethnicity on their websites in addition to salary ranges on their job postings. It’s an attempt to shrink California’s gender and racial pay gap through pay transparency.