Compliance Confidence
Do Pay Transparency Policies Work?
Do Pay Transparency Policies Work?
On January 1st, 2023, pay transparency laws were expanded to cover tens of millions of American workers in California, Rhode Island, and Washington state.
While there is no federal mandate in place, a critical mass of state and local laws is pushing the United States towards de facto national pay transparency. Surveys show that workers and jobseekers overwhelmingly support this type of legislation, while employers are more hesitant. In the fourth episode of OneDigital Debates, we asked our experts to unpack the pros and cons of pay transparency policies on America’s workforce.
We asked our debaters to tackle some big questions in this epsidoe, including the following:
• Can pay transparency help with recruitment and retention?
• Do transparent pay ranges actually do jobseekers a disservice by “boxing them in” when it comes to salary negotiations?
• How effective are pay transparency laws at reducing gender and racial pay gaps?
• Does pay transparency lead to resentment and social tension in the workplace?
If you like this podcast, make sure to check out the previous episode of OneDigital Debates: Should Employers Prepare for a Major Recession in 2023?