Show Me the Money: More Job Listings Have Salary Details
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 3 November 2022
⏱️ 19 minutes
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| 0:00.0 | Well, do you want to start out by just introducing yourself and telling me how much money you make? |
| 0:10.3 | We're all, this is the era of salary transparency, right? |
| 0:15.1 | Like we should all just be telling our colleagues our pet. |
| 0:17.7 | Yeah, that's what we're supposed to be doing. |
| 0:19.4 | So you go first. |
| 0:22.8 | That's my colleague, Chip Cutter, who never did tell me how much he makes. |
| 0:27.2 | It's just not something you normally talk about. |
| 0:29.6 | But as of this week, workers in New York might start having more of those awkward conversations |
| 0:35.2 | because the city became the latest place to require that job postings include salary ranges. |
| 0:41.7 | And Chip says that this new law in America's biggest city will have major implications. |
| 0:47.6 | Pay is an issue that employers had all the information for so long, right? |
| 0:52.6 | They've been the ones that knew the salaries. |
| 0:54.9 | They did not want it to be discussed in the workplace. |
| 0:57.0 | They didn't want job seekers to have that information up front. |
| 1:00.3 | And now this wave of legislation is really forcing them to do so. |
| 1:04.1 | It's one state after another. |
| 1:05.8 | It's a number of big cities like New York now putting these laws in place. |
| 1:09.8 | We're really at this kind of a new shift of power. |
| 1:15.9 | Welcome to the journal, our show about money, business, and power. |
| 1:20.2 | I'm Ryan Knudsen. |
| 1:21.8 | It's Thursday, November 3rd. |
| 1:29.5 | Coming up on the show, how a new wave of salary transparency laws could remake the workplace. |
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