Can Salary Transparency Laws Close Wage Gaps?

Can Salary Transparency Laws Close Wage Gaps? PDF Author: Kelsey Lawrence
Publisher:
ISBN: 9781071916858
Category : Equal pay for equal work
Languages : en
Pages : 0

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Book Description
Under a new law that went into effect in November 2022, companies with four or more employees that post a job in New York City are required to include salary ranges on all job ads, promotions, and transfer opportunities. The landmark law was created to promote salary transparency as a tool to narrow racial and gender wage gaps. This case asks students to discuss the new law and its potential efficacy in closing wage gaps.

Can Salary Transparency Laws Close Wage Gaps?

Can Salary Transparency Laws Close Wage Gaps? PDF Author: Kelsey Lawrence
Publisher:
ISBN: 9781071916858
Category : Equal pay for equal work
Languages : en
Pages : 0

Get Book Here

Book Description
Under a new law that went into effect in November 2022, companies with four or more employees that post a job in New York City are required to include salary ranges on all job ads, promotions, and transfer opportunities. The landmark law was created to promote salary transparency as a tool to narrow racial and gender wage gaps. This case asks students to discuss the new law and its potential efficacy in closing wage gaps.

Pay Transparency Tools to Close the Gender Wage Gap

Pay Transparency Tools to Close the Gender Wage Gap PDF Author:
Publisher:
ISBN: 9789264230941
Category :
Languages : en
Pages : 0

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Book Description
Women continue to earn less than men, in spite of major societal changes over decades and many labour market, educational and public policy initiatives that have targeted the gender wage gap. To address this persistent challenge, many governments are now mandating promising new pay transparency tools like employer pay gap reporting, equal pay audits, and gender-neutral job classification systems. These policies hold considerable allure. Pay transparency offers a relatively simple and intuitive way to identify and address gender wage gaps when they occur in a workplace. These policies can function well in publicising wage gaps and incentivising employers to address the inequalities they find - but only with the right policy design and implementation. This report presents the first stocktaking of pay transparency tools across OECD countries and explores how such policies can help level the playing field for women and men at work.

Pay Transparency Tools to Close the Gender Wage Gap

Pay Transparency Tools to Close the Gender Wage Gap PDF Author:
Publisher:
ISBN: 9789264876095
Category :
Languages : en
Pages : 0

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Book Description
Women continue to earn less than men, in spite of major societal changes over decades and many labour market, educational and public policy initiatives that have targeted the gender wage gap. To address this persistent challenge, many governments are now mandating promising new pay transparency tools like employer pay gap reporting, equal pay audits, and gender-neutral job classification systems. These policies hold considerable allure. Pay transparency offers a relatively simple and intuitive way to identify and address gender wage gaps when they occur in a workplace. These policies can function well in publicising wage gaps and incentivising employers to address the inequalities they find - but only with the right policy design and implementation. This report presents the first stocktaking of pay transparency tools across OECD countries and explores how such policies can help level the playing field for women and men at work.

Pay Transparency Tools to Close the Gender Wage Gap

Pay Transparency Tools to Close the Gender Wage Gap PDF Author: OECD
Publisher:
ISBN: 9789264390188
Category :
Languages : en
Pages : 132

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Book Description
Despite big societal changes, and many labour market, educational and public policy initiatives, women are still paid less than men. This report presents the first stocktaking of pay transparency tools across OECD countries and explores how such policies can help level the playing field for women and men at work.

Gender Pay Differentials

Gender Pay Differentials PDF Author: B. Mahy
Publisher: Springer
ISBN: 0230504027
Category : Business & Economics
Languages : en
Pages : 210

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Book Description
This book provides new evidence on the magnitude and sources of pay inequalities between women and men in European countries and New Zealand on the basis of micro data. Particular attention is devoted to job access and workplace practices, promotions and wage growth, sectoral affiliation and rent-sharing, and unobserved heterogeneity and dynamics.

Why Pay Transparency Regulations are a Strategic Management Opportunity

Why Pay Transparency Regulations are a Strategic Management Opportunity PDF Author: Tamara Montag-Smit
Publisher:
ISBN:
Category : Pay equity
Languages : en
Pages : 0

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Book Description
Pay transparency regulations are designed to close the wage gap. Research shows that despite broad assumptions to the contrary, women do negotiate on salary. It also shows that when pay information is paired with performance data, it leads to clearer comparisons and fairer negotiations and can motivate people to perform better. Robust appraisal systems can make pay transparency an opportunity to improve performance rather than a compliance burden.

The Austrian Pay Transparency Law and the Gender Wage Gap

The Austrian Pay Transparency Law and the Gender Wage Gap PDF Author: René Böheim
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In Austria, a gender pay transparency law was introduced in 2011, requiring companies with more than 1,000 employees to publish a pay report every other year. Firms with 500, 250, and 150 employees were subject to this requirement at later years. We estimate the impact of the law on men's wages, women's wages, and the gender pay gap using administrative data. The results from a regression discontinuity design suggest that the wage transparency law did not change wages or the gender wage gap. In larger firms, the wage of newly hired women increased more due to the reform than of newly hired men, suggesting that the gender wage gap decreased among newly hired workers. Our estimates of the effect of the law on employment growth or turnover are small, and statistically insignificant. For larger firms, we estimate that the transparency law led to a lower share of women in treated firms. These results are robust to several additional specifications.

Bossed Up

Bossed Up PDF Author: Emilie Aries
Publisher: PublicAffairs
ISBN: 1541724186
Category : Business & Economics
Languages : en
Pages : 210

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Book Description
In this candid, refreshing guide for young women to take with us as we run the world, Emilie Aries shows you how to own your power, know your worth, and design your career and life accordingly. Young women today face an uncertain job market, the pressure to ascend at all costs, and a fear of burning out. But the landscape is changing, and women are taking an assertive role in shaping our careers and lives, while investing more and more in our community of support. Bossed Up teaches you how to: Break out of the "martyrdom mindset," and cultivate your Boss Identity by getting clear on what you really want for your career and life without apology; Hone the self-advocacy skills necessary for success; Understand the differences between being assertive (which is part of being a leader) and being aggressive (which is more like being a bully) - and how that clarity can transform your trajectory; Beat burnout by identifying how the warning signs may be showing up in your life and how to prioritize bringing more rest, purpose, agency, and community to your day-to-day life; Unpack the steps to cultivating something more than just confidence; a boss identity, which will establish your ability to be the boss of your life no matter what comes your way. Drawing from timely research, and with personal stories, and spotlights on a diverse group of women from the Bossed Up community, this book will show you how to craft a happy, healthy, and sustainable career path you'll love.

External Pay Transparency and the Gender Wage Gap

External Pay Transparency and the Gender Wage Gap PDF Author: Wolfgang Frimmel
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We show that providing publicly available wage information in vacancies, so-called external pay transparency, can reduce the gender wage gap. There is an increasing interest in pay transparency policies as a tool to combat unequal pay. We exploit a reform of Austria's Equal Treatment Law to evaluate how providing wage information in vacancies affects the gender wage gap. To take into account that the value of providing such external pay information is likely to be heterogeneous along the wage distribution, we implement a Quantile Difference-in-Difference model. The reform led to a small overall reduction of the gender wage gap. Our main results highlight that reductions in the wage gap are larger in circumstances where women are likely to hold misspecified beliefs about their labor market options and when needing to make job acceptance decisions under pressure. The reduction in the gender wage gap was caused by an increase in women's earnings, particularly at the lower part of the distribution. Earnings of men, on the other side, remained largely constant. Our results lend support to policy proposals aimed at increasing external pay transparency.

Can Wage Transparency Alleviate Gender Sorting in the Labor Market?

Can Wage Transparency Alleviate Gender Sorting in the Labor Market? PDF Author: Omar Bamieh
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Wage decompositions suggest that a large share of the gender wage gap can be explained by differences in occupation and employer choices. If female workers are not well informed about these pay differences, increasing wage transparency might alleviate the gender gap. We test this hypothesis by examining the impact of the 2011 Pay Transparency Law in Austria, which requires companies to state a wage figure in job advertisements. For the analysis, we combine vacancy postings from the largest Austrian job board with social security spells that record the gender of new hires. To compare the pay level of vacancies before and after the reform, we predict wage postings using detailed occupation-employer cells, which explain about 75 percent of the variation in posted wages. While we estimate a substantial gender wage gap of 15 log points, pay transparency did not affect gender sorting into better-paid occupation and firms. To study job transitions, we focus on a subsample of workers whose previous employment is also observed. Our estimates show that switching occupations is common, and it often entails significant wage changes. Yet, in line with our main estimates, we do not find that women become more likely to switch to better-paid jobs. We interpret the absence of effects as evidence that limited transparency does not explain the persistence of gender sorting in the labor market.