Salary Transparency Act

# Salary Transparency Act Summary **What the bill would do:** The Salary Transparency Act would require employers to disclose salary information for job openings and current employees. Specifically, it would mandate that employers include pay ranges in job postings and provide wage information to employees and applicants. The bill aims to reduce pay discrimination by making compensation more transparent across companies. **Who it affects:** This legislation would primarily affect employers (especially larger companies) and job seekers. Employees could benefit by having better information about whether they're being paid fairly compared to colleagues and market rates. Job applicants could make more informed decisions when applying for positions.

Small businesses might face administrative costs to comply with new reporting requirements. **Key provisions and current status:** The bill includes provisions for civil actions and liability, meaning employees could potentially sue employers for violations. It establishes new labor standards around wage transparency. As of now, the bill is in committee, meaning it has been introduced but has not yet been debated or voted on by the full House. The bill was sponsored by Representative Eleanor Holmes Norton, a Democrat from Washington, D.C.