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Hr Professionals

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business2 years ago

The Divide: Job Posting Laws and Fair Pay Disputes.

Pay transparency laws requiring employers to disclose salary ranges in job postings are causing rifts between employees and employers over fair pay. Many employees are finding out that the listing is for higher than what they're currently being paid, leading to confrontations with their bosses. Rising inflation and labor shortages have required organizations to increase starting salaries to remain competitive, but many employees who find out that newly-hired peers earn more are quick to look for new jobs themselves, creating a vicious cycle of high turnover and unfilled positions. However, pay transparency is heavily dependent on the presence of pay transparency, as it provides job seekers with more control during negotiations and holds employers accountable for any pay discrepancies that exist.