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How to Implement a Pay Transparency Strategy

Author: Brightmine Editorial Team

A growing number of states and localities now mandate some level of pay transparency as a way of advancing pay equity. Some of these laws require a covered employer to include a salary or wage range in job postings - both internal and external - while others take a different approach, requiring an employer to disclose a pay range to an applicant during the hiring process but not mandating that the information be publicly posted. In addition, some pay transparency laws give current employees the right to know the pay range for their own role.

For employers covered by these laws, it is critical to take a proactive approach to implementing pay transparency. Employers that are not legally required to disclose pay ranges to applicants and employees may nevertheless find it beneficial to do so in order to attract and retain top candidates, foster trust with employees, and make progress on diversity, equity and inclusion (DEI) goals.

This How To reviews the steps and key considerations involved in implementing a pay transparency strategy.