The tight labor market has led employees to make new demands. One of the newest expectations of employers is pay transparency. Despite many employers’ reluctance to embrace pay transparency, the practice has gained a stronger foothold in 2023. In fact, pay transparency laws are impacting more employers as a growing number of states and localities require them to share pay information with applicants and employees.
What is Pay Transparency?
Pay transparency is the practice of openly sharing pay-related information with current and potential employees, aiming to help ensure fairness and equity in the workplace. This information generally includes pay scales or salary ranges.
View the infographic to better understand pay transparency
Understanding Pay Transparency