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In 2021, Colorado became the first state in the US to require companies to publicly disclose salary ranges on job postings.
Findings
Additional insights we found via CNBC
Since 2021, several states, including California and New York, have passed similar transparency laws, which has helped salary disclosures on job listings become more mainstream.
Early research suggests that pay transparency might stifle overall wage growth and decrease the number of raises employees get overall.
Advocates of pay transparency argue that slower wage growth as a result of increased transparency pales in comparison to the double-digit pay gaps between minority workers.
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