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Democrats: "Pay transparency laws increase pay for workers across the board!"
Republicans: "YES! Exactly! Finally we agree on something! This is why we fought so hard to block them!"
Remember this when you see jobs that explicitly state "Colorado applicants not eligible".
Yeah this is years old; WA and more recently CA and others have pay disclosure as well. Those same shite employers likely can't afford not to hire from entire swaths of the country so will retreat back to their idiotic shells and post/hire for any state as "remote".
Yes, I know the article is years old; that's the point. They passed the law, and are now analysing the impact from it. As you said, they suffer from not being able to woo the top talent that doesn't need to play the guessing game for compensation. But I'm not so optimistic to think they'll just give in and stop their exploitative behavior. I guess we'll continue to see...
The study examined self-reported earnings and quarterly federal wage data from the two-year period surrounding the law’s effective date of Jan. 1, 2021. Both data sets show that worker pay rose 1.3% higher in Colorado when compared to other states.
Those positive effects for employees occurred despite the fact that compliance with the law isn’t universal; the NBER study found the percentage of job postings disclosing salary data rose from 35% to 70% in the year following implementation. More recent analyses have estimated that 1 in 5 job postings in Colorado are still noncompliant with the law.
Does the law have any teeth to enforce compliance?