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ubcnewsworld
Business & Economics
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pay transparency
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Pay Transparency Addresses Historic Inequalities Pay transparency is an attempt to redress that wrong and an evolution in thinking about pay equality. In the first half of the 20th century, well-paying jobs for women were scarce. The Equal Pay Act of 1963 made pay discrimination based on gender illegal. But because pay discrimination can be too subtle to rise to a legal challenge, the Equal Pay Act isn't enough. Pay transparency is the next step in the evolution of pay equality. The idea behind pay transparency laws is that transparency from the beginning of the hiring process can help nip pay discrimination in the bud. We've already seen new pay transparency laws go into effect in some U.S. states and municipalities. Many U.S. states and cities have either implemented pay transparency laws or are in the process of doing so. Some of these laws require companies to release pay data to the state in which they operate. Others make it illegal for companies to ask about pay history during the interview process. (To break the cycle of pay discrimination.) Additional pay transparency laws continue in the same vein. The latest is a requirement for employers to disclose the pay range of an open job within the job ad itself or upon request from an applicant. (Even an internal applicant.) If the current trend continues, employers can likely expect other U.S. states and cities to follow suit. Find Out More At https://datapeople.io/
