Job seekers aren't just looking for any available openings — applicants expect to know how much they're going to be compensated, and companies are beginning to catch on.
More than half the workers in the U.S.
"Transparency removes the mystery of [compensation]," says Joe Galvin, chief research officer at Vistage. "You can no longer hide from the people you want to attract or the people who work for you how much you're willing to pay for a job."
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Eight states, including New York, California and Colorado, have enacted some form of pay transparency legislation that varies in how they require companies to
"There will always be employees who just chase a higher number," Galvin says. "Taking the shroud off of what that number is will force organizations to base their strategies on actually recruiting instead of just relying on their ability to hire."
Among the companies that have already begun disclosing the salary ranges for open positions both on their site and their LinkedIn pages are CVS Health, Starbucks and Vox Media. See which other companies have made it a point to prioritize transparency: