XML Financial Group Blog

Increased Pay Transparency May Pose Hiring Challenges

Written by XML Financial Group | Nov 28, 2023 3:00:00 PM

New wage transparency laws and a tight job market have led to changes in negotiation and hiring strategies, impacting both employers and employees. Transparency may eliminate candidates who aren’t willing to do the job for the listed price. At the same time, it requires all parties to focus less on monetary compensation and more on other factors, including non-cash benefits, job flexibility, and equity.

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