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?