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Show me the money | Do you think pay transparency should be mandatory?

Do you think pay transparency should be mandatory?

New York is among the US states that have made it mandatory for employers to post salary information on job advertisements. The idea behind the legislation is to address inequality in the workplace – experts say that this kind of pay transparency helps mitigate against wage discrimination in the workplace, which mainly affects women and minorities.

However, FastCompany reports that the bill has received pushback from businesses, who have argued that pay should be confidential, and that disclosing salary ranges makes it more difficult to compete for talent as competitors can see what they’re offering and offer more accordingly. In the USA, where laws vary from state to state, there’s also a concern that employers may try and bypass this legislation by hiring remote workers from outside the state.

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