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HR Leaders Share How New Salary Transparency Laws Have Changed Everything

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As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

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Microsoft’s Pay Transparency Policy Could Set A Precedent For The Tech Industry

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Microsoft recently announced that it would start disclosing salary ranges in the US in January 2023. . Some states have already implemented such a policy where large employers are required to provide transparency over their pay ranges, normalizing this trend.? . So how should leaders proceed? .

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Older Americans are Choosing Work Over Retirement

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In 2023, they accounted for 7% of all wages and salaries in the U.S., This disparity suggests the evolving nature of work benefits and the need for policies that can address the needs of all age groups. This demographic shift is impacting the dynamics of the workforce. a substantial increase from 2% in 1987.

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Do Pay Transparency Laws Actually Matter?

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employers list salary ranges in job postings in response to recently passed pay transparency laws, fewer people are submitting applications without first knowing what they pay. Pay transparency laws aim to promote fairness and reduce pay disparities based on factors like gender, race, and ethnicity. As more U.S.

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3 Awkward Money Conversations in the Workplace and How to Navigate Them

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One option is to consider developing a policy that dictates when you’ll contribute, and sharing the terms of that policy when asked. 2: Lack of salary transparency You’re applying for a new role and the application asks you to list your salary requirements. In my view, salary transparency is a must ,” Holman says. “It

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The Intimidation Factor: How Fear Influences Women’s Wage Negotiations

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Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities. As more states start to require salary ranges to be published, this will help even the playing field between women and men. A good HR team will fight for salary equality, and many do.

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The Dominican Republic is Set to Trial the 4-Day Work Week

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s 2023 trial and similar initiatives in the U.S. Internationally known companies like Samsung have also shown an interest in these flexible schedules and others like Lamborghini have already decided to incorporate them into their company policies. Canada , and South Africa.

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