California won't require companies to make salary data public despite pay equity concerns

  • 📰 LANow
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

SB 1162 by Sen. Monique Limon (D-Santa Barbara) would have required large employers to make public pay data, citing gender and ethnicity equity concerns.

California companies will not be required to make salary data public after a bill was weakened in a key fiscal committee in the state Legislature on Thursday.

Limón called the last-minute amendments to the bill “disappointing, to say the least” and “a setback for women and people of color” but said she will continue to pursue pay equity measures in the future. The bill would require employers to publicize pay scales, including during the hiring process, a move proponents said would prevent those who are historically underpaid from accepting lower salaries than their peers.The bill would also strengthen the state’s enforcement of existing pay data requirements. In 2020, Newsom signed a bill that requires the state’s largest employers to collect wage data and report the information to the California Department of Fair Employment and Housing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 260. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wealthier people eating more at Applebee's, IHOP according to parent companyThe CEO of the parent company that owns the two restaurant chains said it is seeing an increase in customers making higher salaries. That’s just bad taste. Plenty of local restaurants that serve far better food in the same price range. Sounds made up to get more business
Source: 10News - 🏆 732. / 50 Read more »