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Home News Workforce

Would You Want to Reveal Your Salary? Soon, You May Not Have a Choice

New salary transparency laws could help close wage gaps across gender, racial and LGBTQ identities.

Jo MeunierbyJo Meunier
December 29, 2022
in Workforce
Reading Time: 1 min read
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Would You Want to Reveal Your Salary? Soon, You May Not Have a Choice

Like it or not, new salary transparency laws are creeping their way across the U.S. 

Colorado and New York are among a growing number of states and cities that will soon require businesses to list salary ranges on job adverts. 

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Among them, in 2023, California will require companies with 15 or more employees to reveal salary information in job listings. Business must also provide the pay scale to an employee for the job they currently hold, upon request.

It’s expected to be just a matter of time before listing salary ranges on job ads becomes the norm. 

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While some people may feel uncomfortable about making their salary public, it’s a positive step forward, as experts say it could help close wage gaps across gender, racial and LGBTQ identities. 

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Source: CNBC
Tags: DE&IWorkforce
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Jo Meunier

Jo Meunier

Jo is Allwork.Space's Senior Editor for the UK and Europe. Jo has worked within business centre and coworking circles since 2009, researching and contributing written features for numerous industry publications. She reports on the latest market news and delves into local issues with one main objective: to champion the flexible workspace industry and its members.

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