That’s one of the findings of a new working paper, distributed by the National Bureau of Economic Research, that examines pay-transparency policies over the past two decades.
While policies that help workers compare pay across different companies can encourage them to seek better salaries or positions, policies that let workers compare pay within their company could lead to interpersonal conflict with peers or resentment about co-workers’ salaries, the paper said. “‘We’ve seen a lot of wage comparisons that upset people, and employers bargain very aggressively in those cases.’”
A primary reason behind pay-transparency measures is to empower workers and close the pay gap for female workers and minority workers. The wage gap remains significant between genders, and especially when gender is combined with race.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chipotle agrees to pay ex-employees after closing store that tried to unionize | CNN BusinessChipotle Mexican Grill will pay a total of $240,000 in salary and back pay to the former employees of an Augusta, Maine, restaurant that the company shuttered after the workers tried to unionize. That’s nowhere NEAR enough.
Source: CNN - 🏆 4. / 95 Read more »
TikToker uses cash stuffing method to pay off debt and launch businessTaylor said she paid off her credit card debt in the summer of 2021 using the cash stuffing method. She also said she paid off $26,000 in student loan debt in 2022.
Source: 6abc - 🏆 250. / 63 Read more »
LIVE: Biden to address Tennessee school shooting at women's business summitWATCH LIVE: Biden to address Tennessee school shooting at women's business summit Why did he say nothing about the shooting? All the old fool did was to talk about ice cream and good looking children? That's what is on his mind!!!
Source: wjxt4 - 🏆 246. / 63 Read more »
Germany: IFO Business Business Climate Index improves to 93.3 in March vs. 90.9 expectedThe headline German IFO Business Climate Index rose to 93.3 in March versus the previous reading of 91.1 and the forecast of 90.9. Meanwhile, the Curr
Source: FXStreetNews - 🏆 14. / 72 Read more »