The pay transparency trend has been strong for the past couple of years and will get another major boost in 2025. At least five more states—Illinois, Massachusetts, Minnesota, New Jersey and Vermont—are lined up to have pay transparency laws take effect next year.
Here’s what HR needs to know about pay transparency laws, why they are becoming more important, and which states and localities have passed pay transparency legislation.
Generally speaking, pay transparency laws require employers to openly share information relating to job compensation with applicants – and sometimes with employees. They may require employers to disclose pay ranges for a particular position in a job posting or at some other point during the hiring process.
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These laws are important because they help reduce the pay gap between men and women. They also help reduce pay inequities more broadly by preventing discrimination based on other protected categories, like age and religion.
In addition to ensuring legal compliance, wage transparency can reap other valuable benefits. Being transparent about compensation fosters trust with employees and shows them you are committed to...
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