Pay For Skills

• Companies are offering hundreds or even thousands of dollars for new employees just to sign on.
• Wage growth is evident across the U.S. labor market.
• New hires are getting a greater share of the pie.
• Since September 2020, wage growth for job switchers has doubled.
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In 2022, women are expected to earn 82 cents for every $1 men earn - a figure unchanged from 2021 and just 5 cents more than 2016.

When you combine the upward mobility of young women with greater pay transparency in the workplace, skills-based pay, and permanent hybrid work models, the futu...

The pandemic has already taken a disparate toll on women’s career paths. From February 2020 through April 2022, the economy experienced a net loss of over 1.4 million jobs According to estimates from the National Women’s Law Center, women have accounted for more than two-thirds (68.5%) of those j...

Even when a pay transparency law simply requires job postings to include salary information, it raises the stakes on pay equity by fundamentally changing how companies manage hiring and promotions.

Companies will have to maintain justifiable compensation structures, update job descriptions ...