Pequity Friday Roundup

Welcome to the Pequity Friday Roundup. Every Friday, we share a roundup of the week’s top stories in HR, compensation, and pay equity. And to end the week on a high note, we close each roundup with our Pequity Pet of the Week. Be sure to follow?Pequity?so you don’t miss the news- or the fun!

California Employers Could Soon Have To Include Salary Ranges In Job Ads, A ‘Game Changer’ For Pay Transparency (Forbes)?While California is playing catch-up to states like Colorado and Washington, which already have similar laws on the books, the bill is also likely to make an outsized impact if it passes, even acting as a tipping point for employers to take such policies nationwide.

Why New Pay Transparency Law May Not Solve The WageDiscrimination Problem (Forbes)?Will the new proposed wage transparency law solve the age-old problem? The bigger question is, are we solving the right problem?

Apple says it will raise pay for corporate and retail employees in tight labor market (CNBC)?Apple’s move comes after Google, Amazon and Microsoft made changes to their compensation structures in recent weeks to pay workers more in a bid to retain and attract talent.

Tech workers are still milking the cash cow. But companies are looking for ways to scale back. (Protocol)?“It’s a little bit like whiplash,” compensation consultant Ashish Raina said of the downturn. Raina, who mainly works with startups that have 200 to 800 employees. “I do think there’s going to be an interesting reckoning in terms of pay increases going forward, how that pay is delivered.”

Salary Survey: IT Gender Pay Gap Keeps Growing (Information Week)?The gender wage gap in this year’s survey hit $23,000 a year, marking the largest wage gap InformationWeek has seen in its salary survey since we began to track the wage gap. The gap was at its narrowest in 2019 when it was $15,000.

Gender pay gap: Japan will make big companies disclose wage disparities (Euro News)?Japan plans to require large companies to disclose wage gaps between men and women in a bid to overcome stubborn gender inequality in the workplace. The new rules will apply to any public or private company that employs more than 300 employees. Nearly 18,000 businesses will be affected and could be ordered to disclose the information as early as this year.

Pequity Pet of the Week

Meet Beau (age 9)!?Beau is a yellow lab who resides in Lafayette, CA in the Bay Area. A true lab at heart, he loves any and all leftovers.?He works off those extra snacks with his passion for fetching tennis balls. Beau’s daily routine includes his best friend hitting him tennis balls to chase down until he drops.?It’s all about balance, Beau!