This is another policy that needs to be implemented nationwide.
California just became the latest state to require companies to include salary ranges in job postings. A few other states, including Colorado and Connecticut, already have similar laws in place. Washington State will soon. And so will New York City.
Pay transparency laws affect how prospective candidates negotiate. Knowing the salary range before you get a job offer can make it easier to figure out where to start with negotiations.
“And take some of the guesswork out of the process,” said Laura Kray at UC Berkeley’s Haas School of Business, who also said that can be particularly helpful for women and people of color. “It is an equalizer in the sense of providing access to information that they may not otherwise be able to get through word of mouth alone.”
Kray said that should help reduce gender and racial pay gaps.
It can also help people decide whether it’s even worth applying to a job in the first place, said Nancy Romanyshyn at the workforce analytics platform Syndio.
https://www.marketplace.org/2022/09/...-postings/amp/
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