The Google logo is seen on on the company's European headquarters in Dublin, Ireland. – Reuters
NEW YORK: Alphabet Inc’s Google, International Business Machines Corp (IBM) and Wells Fargo & Co joined a growing group of companies listing pay ranges on all their US job postings – not just where it’s required by law.
Alphabet and IBM confirmed to Bloomberg News that salaries will appear in postings for all open roles across the country.
“IBM recognises the value and importance of wage transparency and, beginning Nov 1, 2022, will include pay ranges for all new US job postings,” Jessica Chen, a spokesperson for IBM, said in an email.
Wells Fargo said it was working on implementation, but some job postings already have pay information listed for various US cities. “This approach is aligned with company expectations to do what’s right,” said Natasha Webster, a spokesperson for Wells Fargo.
Only New York City and Colorado currently require pay ranges to be listed on job ads. With regulation slated to take effect in California and Washington state next year –and New York state potentially to follow –more companies have been motivated to adopt the salary range practice on listings nationwide. US cities have adopted wage transparency laws to close the gender and racial wage gaps. — Bloomberg
