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New state regulations and an upcoming EU law will require HR teams to educate managers on how to handle employee questions about pay.
Between September 2023 and September 2024, “the share of salary-transparent listings grew in 43 of the 46 sectors analyzed — often by large margins,” according to a study by Indeed Hiring ...
The biggest shortcoming so far of new state salary transparency laws is laughably wide pay ranges, often covering more than a six-figure span. Source:Payscale 2023 Compensation Best Practices ...
New York enacted a pay transparency law in 2023. The law requires employers to publicly disclose job salary ranges. [6] Massachusetts enacted a pay transparency law in July, 2024, which applies to businesses with more than 24 employees, with data reporting for businesses with 100 or more employees. [7]
New York’s pay transparency law, which came into effect in September 2023, requires employers with four or more employees to disclose salary information in job postings.
The Strengthening Transparency in Higher Education Act was introduced into the United States House of Representatives on June 26, 2014 by Rep. Virginia Foxx (R, NC-5). [4] It was referred to the United States House Committee on Education and the Workforce. It was reported (amended) on July 17, 2014 alongside House Report 113-530. [4]
After public backlash [4] [3] [5] the Comptroller ultimately released the data from fiscal year 2005 forward in 2014. In 2014, OpenTheBooks became the first and only organization to publish all disclosed federal spending including salaries, contracts, grants, direct payments, and farm subsidies.
More than eight in 10 (81%) of listings in Colorado featured salary data, making it the most transparent state. Its law took effect in 2021 and was the first in the country to require employers to ...