California’s Senate Bill 1162 will force hundreds of thousands of businesses to share staff pay data publicly – but what does that mean for staff, and the wider working world?
They are the two most infuriating words in any job search: “Salary: Competitive”.
But a new bill that was passed into law in late September in California puts an end to vagaries around compensation. Senate Bill 1162 requires any California-based company with 15 or more employees to include a pay range in their job posts. Larger firms with 100 or more employees or contractors also have to report median and mean hourly pay by job category, race, ethnicity, and gender.