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Search resuls for: "Lulu Seikaly"


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☆ The effect of pay transparency laws on states
  + stars: | 2024-11-13 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +6 min
The net effect for employers and employeesWhile only a minority of states require employers to provide pay transparency, their laws are having a domino effect on employers across the United States. “The majority of top-performing organizations (57%) embrace pay transparency and share pay ranges even when not required by law,” Payscale’s report noted. How pay transparency is helping individualsWhile there are federal laws prohibiting wage discrimination based on gender and other protected classifications, most states also have their own pay equity laws on the books. Wieselthier considers pay transparency laws a subset of pay equity because they provide a tool people can use to ensure they’re being paid fairly. “The whole purpose of pay transparency laws is to empower the candidates to negotiate,” Seikaly said.
Persons: Jersey —, Phil Murphy, ”, Sarah Wieselthier, Fisher Phillips, That’s, ” Wieselthier, Gen Z, Zers, Lulu Seikaly, —, Payscale, –, Wieselthier, ” Seikaly, “, Seikaly Organizations: CNN, — Locations: Washington, California , Colorado , Connecticut, Hawaii , Illinois, Maryland , Massachusetts, Minnesota , Nevada , New York, Rhode Island , Vermont, Illinois , Massachusetts, Minnesota, Vermont, Jersey, Jersey City , New Jersey, Cincinnati, Toledo, Ohio, New York City, Ithaca, Westchester County, New York State, United States
☆ Advertised salary ranges are not set in stone. That’s why you still have to negotiate
  + stars: | 2023-01-28 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +6 min
“I’ve seen people deterred from negotiating because they think [the advertised pay range] is set in stone. What you need to know about published rangesHere are three reasons why a published salary range is hardly the whole story:1. The published range may be very wide: It’s not hard to find advertised salary ranges so wide you could drive a truck through them. The published range for an open role usually just reflects your base pay, not bonuses, equity and annual increases. That way you’ll be able to gauge whether the employer’s published range is within reason for the role you’re seeking.
☆ Why you still need to negotiate even if a job ad lists a salary range
  + stars: | 2023-01-05 | by ( Jennifer Liu | ) www.cnbc.com   time to read: +5 min
But online, the average salary range on job listings is just 28%, based on data from CompTool and accounting for more than 12 million job listings from more than 100 job websites, per Bloomberg. As written, while the laws require employers to list the minimum and maximum salary range on a job ad, many don't require them to actually make an offer in that range. All of this is to say that it's still important to negotiate your salary, even if the job posting lists the range, Seikaly says. "While pay transparency won't eliminate salary negotiation, it will give candidates the confidence to speak more openly about their expectations of pay," Seiklay says. "The burden is now on the employer to determine the pay range, rather than the employee to initially voice an expectation, which levels the negotiation playing field."
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