Salary transparency laws are becoming more widespread with California and New York joining a list of states now requiring companies to share their salary bands in their job postings. With each state creating their own distinctive rules and penalties, it’s difficult for startups to know how to stay compliant with these laws to avoid any costly fines .
However, there can be another hidden cost when it comes to this law that companies also need to be aware of. Current employees can now see the salary ranges of new hires, which can create pay discrepancy issues leading to employee departures. Not keeping up with the best practices for navigating these transparency laws can prove to be costly for businesses trying to scale in uncertain economic times.
Join us live on November 29th at 11am PT / 2pm ET where Carta alongside a panel of experts will discuss key facts and best practices regarding the various state laws. During this session, we’ll discuss:
- How the legislation impacts companies located in affected states
- Best practices on salary postings with current hires in mind
- How to navigate hiring remotely with these new laws
DISCLOSURE: This event is presented on behalf of eShares, Inc., dba Carta, Inc. (“Carta”). The content of this event is not, and no opinions or comments shared in this event should be treated or construed as, accounting, business, financial, investment, legal, tax, or other professional advice or services. This event is for information purposes only. The content of this event is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein and undertakes no obligation to update content. The opinions of the guests and host are their own and do not reflect the view of Carta or Carta’s affiliates. All product names, logos, and brands are property of their respective owners in the U.S. and other countries, and are used for identification purposes only. Use of these names, logos, and brands does not imply affiliation or endorsement.