Some states are passing salary transparency laws, requiring companies to disclose salaries on job postings if they meet certain criteria. These laws have been beneficial, reducing gender wage gaps by 20-40%. However, even some states with these laws in place are lacking in job postings that share salary information, according to data from People Managing People.
“By advocating for transparency and clarity in job advertisements, we can create a more equitable job market where candidates feel empowered to pursue opportunities that meet their financial expectations, and they are paid for the value they will bring to a business,” David Rice, HR expert at People Managing People, said in a release.
