States are changing their job posting requirements for employers, with the main aim being more transparency in employment and improved job insight for prospective employees. Learn more about what this means and why this trend is crossing state lines.
Changes in Job Posting Requirements
On January 1, 2021, Colorado’s Equal Pay for Equal Work Act (EPEWA) came into effect, making it mandatory for employers to include wage and benefit information in promotional information and job openings for either (1) work tied to Colorado locations or (2) remote work performable anywhere. It does not apply to work performed only at non-Colorado worksites.
This legislation is aimed at prohibiting employers from discriminating by paying less for substantially similar work in terms of skill, effort, and responsibility. Every employer with any employees in the state will have to comply with the law.
Colorado joins Connecticut, Nevada, California, Maryland, and Washington in enacting laws requiring salary disclosure. A similar law will also become effective in Rhode Island in 2023.
What Does This Mean, Exactly?
In short, transparency! Each job-vacancy posting will have to disclose the hourly wage or salary, or the hourly wage or salary range, along with a general description of all benefits and other compensation offered.
Colorado’s new Act goes on to clarify that postings such as “$40,000 and up” and “up to $60,000” are equally noncompliant. Postings must clarify both a minimum and maximum range. This is big news for employees. The “Glassdoor” approach feels safer to employees, and gives them a sense of trust. It also makes these states stand out when it comes to job seekers. Many employers would be well-served to follow suit and get ahead of the game, even in states where such laws haven’t yet been enacted.
Post-pandemic, we’re living in a more democratized, employee driven market than ever before. For prospective employees, there’s a plethora of choices, career opportunities, work styles, and more to choose from. Here’s ways you can take advantage of this favorable employment market and begin a career that makes sense for you.
Plus, check out nextSource careers and find a career that has a similar level of transparency.