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Pay Transparency Push Intensifies, Despite Politics

Feb. 14, 2017, 9:31 PM

Labor market conditions, not politics, are the main reason why more employers these days feel compelled to provide pay transparency, consultants say.

A working definition of pay transparency comes from Tim Low, senior vice president of marketing at Seattle-based compensation data and software provider PayScale. “It’s being transparent about data and the process” that determines how the employer sets employees’ compensation, he told Bloomberg BNA Feb. 14.

“Millennial” employees have been leading the push for pay transparency since they began entering the workforce, Low said, and the internet has made pay information available to all. A tighter labor market is ...