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Marketplace

Expect more pay transparency in the new year

Marketplace

Marketplace

Business, News

4.68.5K Ratings

🗓️ 26 December 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

In the coming year, roughly 1 in 5 Americans will live in a state that requires employers to disclose salaries in job postings. While the laws cover a small number of jurisdictions, the impact could be far-reaching. Could this be a tipping point in how we talk about pay? We’ll also hear what’s driving online sales, look at what’s plaguing wastewater services and translate some Gen Z slang.

Transcript

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0:00.0

Busy making budget plans for the business year ahead, we've got you covered.

0:05.4

Switch to three business and choose from the latest handsets with unlimited data in our winter sale.

0:10.6

Plus, our business price promise means if you find a cheaper deal from one of our biggest competitors, we guarantee you to beat it.

0:18.1

Search three business or visit us in store.

0:21.1

Business price promise means we'll beat it directly.

0:24.4

Quote you've been given my e-vote for No. 2 for business plans by at least £1 per month, terms apply such three business price promise.

0:31.4

Winding down the year means returning unwanted gifts at home and perhaps getting ready for more paid transparency at work.

0:39.4

Plus, holiday, fat birds.

0:42.4

From American public media, this is Marketplace.

0:54.4

In Washington, D.C., I'm Kimberly Adams in Frikaya Rizdal.

0:58.4

It's Monday, the 26th of December, good to have you along.

1:02.4

In Great Britain, Canada and countries around the world, today is Boxing Day, basically a second day of Christmas.

1:10.4

For the American consumer, you could call December 26th, Ree Boxing Day.

1:15.4

The day we put the two sizes, two big sweater back into the box for a return.

1:21.4

Consumers spent a record $9.1 billion in online shopping this most recent Black Friday.

1:28.4

But the tug of war between brick and mortar and online retailers isn't over just yet.

1:34.4

Marketplace's Matt Leven starts us off.

1:37.4

At the start of the pandemic, we shopped online mostly because the mall seemed like a really bad place to be, even if it did have an orange Julius.

1:46.4

This year, we're still shopping online in part because of inflation.

1:50.4

It's just easier to compare prices by bouncing around the internet.

1:54.4

You might have an app that does that for you.

1:56.4

You might only ever see the cheapest price online and that might really drive the way that you shop.

...

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