Foley & Lardner LLP Senior Counsel Michael Ryan is interviewed in the HR Bartender Q&A, “Employers: Pay Transparency Might Apply to Your Current Employees,” discussing the impact the wave of pay transparency legislations in several states may have on both employers and employees.
Ryan discussed the generally accepted advantages and disadvantages of pay transparency for organizations and employees, and noted how an advantage for employers or employees is not necessarily a disadvantage for the other party.
“Employers need to be proactive if they have pay transparency obligations or anticipate they will have such obligations in the future,” Ryan emphasized. “We regularly see that more proactive organizations benefit from changing rules and regulations while organizations slower to change generally get left behind.”