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General

pay transparency

What does pay transparency mean?

The practice of openly disclosing pay ranges and compensation information, whether by employers in job postings or among coworkers, to promote fairness and reduce pay gaps.

"Pay transparency laws forced the company to post salary ranges, and the numbers shocked everyone."

Origin

Concept central to 2020s labor advocacy, reinforced by pay-transparency legislation in several US states.

Frequently asked questions

What is 'pay transparency'?
It's the practice of openly disclosing pay ranges and compensation, whether by employers in job postings or among coworkers, to promote fairness and reduce pay gaps.
Why does pay transparency matter?
It helps expose and reduce pay gaps and unfair disparities by making compensation information visible rather than hidden.
Is pay transparency required by law?
In some places, yes. Several US states passed pay-transparency legislation in the 2020s requiring employers to post salary ranges.
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Slang definitions: FreeDict original editorial.