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Discussing salary among colleagues used to be a major faux pas, but it can be a great way to ensure you’re being fairly compensated. To better understand the pros and cons of disclosing income ...
The biggest shortcoming so far of new state salary transparency laws is laughably wide pay ranges, often covering more than a six-figure span. Source:Payscale 2023 Compensation Best Practices ...
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Cross-firm pay transparency overall strengthens the power of workers against employers, as workers are more likely to seek higher-paying jobs, and negotiate higher pay at their current job. [ 1 ] A 2024 experiment conducted on employees at an Asian bank showed that revealing salaries of their managers, especially to those who predicted it lower ...
Between September 2023 and September 2024, “the share of salary-transparent listings grew in 43 of the 46 sectors analyzed — often by large margins,” according to a study by Indeed Hiring ...
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Payscale puts on an annual compensation industry event called Compference [13] and publishes original research on compensation-related topics such as the gender pay gap, college return on investment and salary history. [14] In 2021, Payscale merged with Payfactors, a leading competitor. The new company operates under the Payscale brand.
New York’s pay transparency law, which came into effect in September 2023, requires employers with four or more employees to disclose salary information in job postings.