Multiple states have passed laws requiring employers to post pay ranges for open positions — beginning on Nov. 1.
Some experts have said this law promotes salary transparency from the employer’s side and is “key to closing racial and gender wage gaps,” CNBC reports.
Some say the downside to pay transparency is employees will know what their other employees make. “With more salary information readily available, employers will likely feel pressure to make sure pay is equal, or at the least, better communicate about it,” USA Today reports.
What do you think about employers disclosing salary information?