Chip Cutter

speaker

1,085 appearances 18 recordings 1 series first heard Aug 2019 last heard Sep 2024

Chip Cutter’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Pay-Transparency Bill in California Could Impact Workers Nationwide · 31 Aug 2022 podcast

And that's something that's different here. voice-verified

Those companies that hire 100 or more employees through labor contractors would have to submit a separate pay data report to the state. voice-verified

No, it wouldn't. voice-verified

It would apply to any company that's based elsewhere but still looking to fill roles in California. voice-verified

So even if it's a company based in New York that wants to hire someone in San Francisco, they would need to abide by the rules here that would require someone to put a salary range on a job posting. voice-verified

Well, this might actually push companies to start listing pay on job posts nationwide. voice-verified

There's a number of these laws on the books already in different states. voice-verified

And so as more of this legislation comes to pass, many companies are realizing a patchwork approach might not make sense. voice-verified

They might just start listing pay everywhere to make things easier. voice-verified

And JR, this can be a pretty cumbersome process for companies. voice-verified

HR executives have to watch all these different laws and make sure they're complying with them. voice-verified

And we're seeing some companies actually hire folks to do this. voice-verified

Johnson & Johnson has a job posting up right now that's focused on fair pay. voice-verified

And part of that job involves watching legislation to help inform the company's strategy. voice-verified

So you can see companies trying to get their arms around all these different laws and bills that are in the works. voice-verified

Well, we're seeing even more of these laws across the country. voice-verified

One law took effect in Colorado last year. voice-verified

Another goes into effect in New York City in November. voice-verified

Washington state, meanwhile, will start requiring companies to list pay on job postings as of January 1st. voice-verified

And there's others under consideration too. voice-verified

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