California forces companies to show pay on job listings, revealing big tech salaries
Publishing timestamp: 2023-01-05 19:53:05
Summary
A new law in California requires employers with more than 15 employees to disclose salaries on job listings. This law is intended to reduce gender and race pay gaps and help minorities and women better compete in the labor market. Companies can choose to display wide pay ranges, and the law does not require companies to reveal bonuses or equity compensation. The law could also help California companies recruit the best talent and compete against other states that don't require employers to post salaries.
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Keywords: united states, personnel, new york city, laws, social issues, wage gap, politics, california, alphabet class a, breaking news: technology, business, apple inc, business news, technology, salary and benefits, meta platforms inc, jobs,