Nearly one third of employers balk at pay transparency: study
17% of North American employers surveyed disclose pay and salary ranges to prospective employees even when not required to do so. Nearly one third of companies say they are not ready for such transparency, according to a WTW survey of 400 employers. The rise in state mandated pay disclosure requirements is effectively a double-edged sword and an emerging issue that financial executives must address strategically, says Mariann Madden. The patchwork of regulation poses a compliance challenge for companies. In order to avoid fines, organizations need to ensure that they are complying with pay equity laws. Not knowing where pay is going can make organizations can make them vulnerable to pay Equity laws.