Keeping Up with Pay Transparency Laws by State
- bill3766
- Sep 23, 2024
- 1 min read
In early 2024, four states—Minnesota, Maryland, Vermont, and Massachusetts—passed pay transparency laws, reflecting a growing trend driven by social, economic, and regulatory factors aimed at promoting fair compensation practices and reducing pay gaps. Click here for article.
Pay transparency involves sharing salary ranges and compensation information to promote pay equity and fairness.
Managing compliance across states with different pay transparency laws requires careful coordination, consistency, and adherence to legal requirements.
Risks of noncompliance include costly fines, legal battles, audits, and increased workload for HR teams.
Successful management includes centralizing compliance, creating standardized policies, training staff, and leveraging technology.
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