Currently, experts predict it will take
131 years
to close the wage gap
Costs the global economy
$160 Trillion
every year in annual losses
For every dollar, Latina Women are paid
52 cents
compared to their white male counterparts
Persistent despite federal legislation.
1963
Equal Pay Act passed in the U.S.
What is Pay Transparency?
A New Era of Job Searching
Pay transparency means that individuals have access to their own pay information as well as how that data compares to others within their company and to the broader job market.
A pay-transparent world aims to demystify the ways companies pay employees, ensuring one knows not only how much they should be paid but also how their pay is determined.​
​
Anti-Pay Secrecy laws prevent companies from banning employees from discussing their salaries with each other.
Pay Data Reporting laws require companies to share their pay data with a third-party and comment on their progress towards pay equality.
​
Salary history bans prevent companies from looking at an employee's past salaries when determining their pay.
Recent state legislation centers on pay scale disclosure laws which require companies to accompany job postings with an expected salary range.
A Resource for
Employees & Companies
Pay transparency creates a positive cycle between employees and companies that sows trust and results in higher employee retention rates. Research shows this leads to more productive and profitable companies.
However, for pay transparency laws to be most effective, companies and employees must work together.
Are you a company interested in joining this nationwide initiative? Click below for access to a multitude of resources curated to aid your journey to implementing pay transparency.
How You Can Use This Resource
From Employers & Employees
to Applicants & Aspiring Entrepreneurs
Regardless of your company's size or where you are in your career journey, this resource is a broad educational toolkit that you can apply to enact change. Full Transparency is designed to be a compendium that empowers you to spark discussions around pay transparency.
Equal rights for others does not mean fewer rights for you.
It's not pie. - Jesse Williams
