Currently, about 1 in 4 workers is covered by some form of U.S. pay transparency legislation. At least 15 states are considering pay transparency laws in 2023.
The number of U.S. job postings that include salary information more than doubled between February 2020 and February 2023, from 18% to 44%. (Source: Indeed)
Employers without a national pay transparency strategy are allowing an opportunity to pass them by. And if you have employees outside the U.S., there are many pay transparency and equity laws to comply with as well.
The benefits of pay transparency are improved talent attraction, employee retention, engagement, trust, productivity, and pay equity.
Own your pay story as an employer. Tell your story.
And if you haven’t written your story, get started.
The focus on pay transparency is spreading.
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