Half of US job postings in August advertised at least some employer-provided salary information, according to a new report by the job board Indeed.
It’s gotten so much easier for job seekers to find out how much a potential job may pay.
"Given the near-tripling transparent postings in the last few years, it’s not looking very likely that we’ll return to the days of having pay in 15 to 20% of job listings, even in light of a cooling labor market." In preparation for the new law, many employers in New York state had already jumped on board. More than six in 10 of job postings in New York State featured some level of pay transparency in August, almost double from a year prior , according to the Indeed data.More than eight in 10 of listings in Colorado featured salary data, making it the most transparent state. Its law took effect in 2021 and was the first in the country to require employers to reveal the salary nitty gritty.
One concern, though, is that now job openings have begun to decline, employers may opt to pull back on how much they reveal about their pay structure. While there is much to be applauded for the open pay disclosure, the biggest flaw so far is laughably wide pay ranges, often covering more than a six-figure span.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retail sales rise 0.6% in August largely due to a spike in gas pricesNEW YORK (AP) — Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school. Retail sales rose 0.6% in August, compared with a revised 0.
Read more »
Retail sales rise 0.6% in August largely due to a spike in gas pricesNEW YORK (AP) — Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school. Retail sales rose 0.6% in August, compared with a revised 0.5% increase in July, according to a report issued by the Commerce Department on Thursday. A closely watched category of retail sales that excludes auto dealers, gas stations and building materials and feeds into the gross domestic product increased just 0.
Read more »
Fed gets an August inflation curveball to keep hikes aliveKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »
Swedish inflation slows in August; Riksbank still expected to hike next weekMarket News
Read more »
Scorching August Sets World on Path Toward One of Hottest Years on RecordThe world had its warmest August in at least 174 years, increasing the odds that 2023 will go down as one of the hottest years on record.
Read more »
India's August wholesale price index falls 0.52% year over yearMarket News
Read more »