Pay ranges aren't too 'ridiculous' as transparency laws take effect, report finds

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Pay ranges aren't too 'ridiculous' as transparency laws take effect, report finds
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Pay ranges being disclosed because of new laws appear to be potentially helpful despite early reports of ranges that are too wide, according to a report.

The pay ranges being disclosed by companies because of new laws appear to be potentially helpful despite early reports of ranges that are too wide to mean much to job seekers, according to a new report.

... The pay ranges being disclosed by companies because of new laws appear to be potentially helpful despite early reports of ranges that are too wide to mean much to job seekers, according to a new report. “It goes against the grain of early understanding” based on media reports of “ridiculous” pay ranges, said Reyhan Ayas, a senior economist with Revelio Labs. She told MarketWatch that there seems to be a “level of distrust among the public” around the usefulness of the new laws, but the data shows most of the pay ranges being disclosed could be helpful.

The industries whose postings showed the widest ranges in pay were utilities, manufacturing and management.

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