Are Pay Transparency Laws Effective?
Publisher: Astron Solutions LLC
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As of this writing, there are 15 locations (nine states and six jurisdictions) in the United States that have some form of pay transparency regulation. Since Astron Solutions is headquartered in New York, we have been busy supporting our New York-based clients with the New York State pay transparency law that went into effect on September 17, 2023, as well as the New York City version of the law. We also have provided vital compensation consulting support to other clients in other locations with pay transparency laws. Here at Astron, we see pay transparency becoming more ubiquitous, and strongly encourage organizations to prepare for it. While data on the effectiveness of pay transparency is still relatively scarce, there are some trends emerging that we will briefly review.
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