Will new salary transparency laws help address pay gaps, systemic issues?

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Ontario is the latest province to consider a salary transparency law, following in the footsteps of P.E.I. and B.C. Forcing employers to be up front about salary is intended to address pay gaps and make hiring more efficient for both job seekers and employers, which could ultimately help reduce systemic discrimination. But experts warn that enforcement may not be so easy. “Employers are nervous about disclosing what they actually are prepared to pay for a new hire because they then credibly need to renegotiate pay with all incumbent employees as well,” ZipRecruiter chief economist Julia Pollak says. Will pay transparency will help or hurt more in the long-run? Global’s Nivrita Ganguly reports. For more info, please go to https://globalnews.ca/video/10074708/province-to-table-bill-to-require-salary-range-artificial-intelligence-use-disclosure-in-hiring Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #Canada #Ontario

Published 2023-11-10 · Watch on YouTube ↗
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