The link between salary ranges and better pay

Closing the gender pay gap has stalled. A new study indicates that family leave policies have stymied progress on pay parity. Known as the “motherhood penalty,” researchers found that women who have taken family leave also see their salaries increase at lower rates than men upon return.

Salary ranges can be used to negotiate better pay. California, Washington, and New York have introduced laws requiring companies to include salary ranges in job postings. The new piece of intel can help job seekers both ask for their full worth, and close their own pay gap.

How would you leverage transparent salary information?

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Meta is no longer rated among the best places to work. The Facebook parent company, once No. 1 on Glassdoor’s list of the best employers, isn’t even on the list this year. The top spot is held by Gainsight, a software company, based on anonymous employee surveys.?

Banning non-compete clauses could boost American wages. The US Federal Trade Commission has proposed a ban on these contractual clauses that affect as many as 30 million Americans, arguing that their removal could increase workers’ earnings by as much as $300 billion annually.?

Tough times are ahead for tech and finance workers. Amazon revealed earlier this month that it’s planning to cut 18,000 jobs, the biggest headcount reduction among major tech firms. Meanwhile, Goldman Sachs is also due to eliminate 3,200 roles this week, citing economic uncertainty.

We’re obsessed with Allen wrenches. The market for fasteners, the nuts and bolts that connect things together, is worth over $8 billion. And whether it’s assembling a fancy car engine or a piece of IKEA furniture, the hex key has got you covered. Learn the story behind this ubiquitous multi-tool, including how it got the name “Allen,” in the latest Quartz Weekly Obsession. ?