California Employers to Disclose Pay Ranges With Newsom Signing – Bloomberg Law

California Gov. Gavin Newsom signed Tuesday the state’s pay transparency law (S.B. 1162), according to bill sponsor Sen. Monique Limon (D) and the California Legislative Women’s Caucus.

The new law will require nearly 200,000 California companies with 15 or more employees to disclose pay starting next year.

LISTEN:Bloomberg Law columnist and former Airbnb general counsel Rob Chesnut talks about the law.

It’ll be the largest state where job-applicant pay information will be mandated by law.

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California’s new law and a trove of online company pay information are pushing corporate America to consider posting salary ranges on job listings even when it’s not required.

Companies elsewhere can accept—or bristle at—the readily available and sometimes inaccurate pay data available online to potential applicants willing to invest a few minutes with a search engine or on sites such as Glassdoor Inc. or…

Read Full Story: https://news.bloomberglaw.com/daily-labor-report/california-employers-to-disclose-pay-ranges-with-newsom-signing

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