The big reveal: New laws require companies to disclose pay ranges on job postings.

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: New York City has joined a handful of places, including Colorado, Washington State and Rhode Island, which require some form of salary transparency. In the case of New York City, companies are required to include a salary range when they post a job opening.

Source: NPR.org

Date: Nov 08, 2022

Link: https://www.npr.org/2022/11/05/1134193927/salary-transparency-range-new-york-pay-laws

Questions for discussion:

  • What are the pros and cons of salary transparency?
  • How do you think this affects employees attitude toward their work and fellow employees?
  • How do you think it affects recruitment and management?
  • Do you think this can affect profitability of firms?

 

Leave a Reply