Employers in California may soon have post salary for job listings and publicly disclose pay scales by race, nationality and gender.
On Tuesday, the state legislature passed a law requiring all employers to in state post salary ranges for open positions. It would be also companies are required with more over 100 employees report pay scales by gender, race and ethnicity, data that California will then make public.
California Governor Gavin Newsom has until September 30 sign or veto the bill.
“Disclosing the wage range during hiring negotiations has been shown to narrow the pay gap,” said State Sen. Monique Limon, a Democrat from Santa Barbara. in statement for USA TODAY. “I hope the governor sign SB 1162 and take meaningful action to create a fair economy which supports women’s families and people of color.”
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California Chamber of Commerce opposed the bill and put it on his “Job Killer” list saying it would encourage more lawsuits against businesses and do hiring »more burdensome.”
California joins other cities and states in adoption of laws on force employers in hand over more compensation information. Employers oppose growing movement, saying they are supporters of pay transparency and fairness, but disagree with how states and cities are gathering about it.
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“States and localities moving to mitigate wage inequality, and this is obviously gaining momentum,” Michelle Holder, labor economist whose research focuses on black community as well as women of color, told USA TODAY in February. “I hope this momentum continues at the local and state levels and maybe works. way up at the federal level at some point.”
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What behind in national push for pay transparency? Payment of justice.
Recent study in California found what women made $46 billion less than men in similar positions in 2020. People of Colored workers were paid $61 billion less than white workers.
Women and people of Historically, significantly lower salaries have been offered and corporations profit from underpaying them, said Holder, president and chief executive officer. of Washington Center for Fair growth and partner professor of Economics at John Jay College of criminal justice in New York.
AT current pace, women won’t close the pay gap with men until 2059, according to the Center for American progress. And it might take century for Black and Hispanic women.
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Disparate pay helped widen the wealth gap. According to Goldman Sachs, the median black household owns almost 90% less wealth than the median white household. research on Black women. lower levels of earnings for Black households drive a lot of of racial divide.
federal legislation that made it’s harder for employers pay women blocked less than their male counterparts last year Republicans in the Senate who said the Pay Equity Act would primarily benefit trial lawyers and not women.
