Question: c ) Under a new law that went into effect in November 2 0 2 2 , companies with four or more employees that post

c) Under a new law that went into effect in November 2022, companies with four or more employees that post a job in New York City are required to include salary ranges on all job ads, promotions, and transfer opportunities. The landmark law was created to promote salary transparency as a tool to narrow racial and gender wage gaps. The law has been welcomed by many HR managers but many argue that such a law will bring in complacency in work as there may be a fall in performance and many talented employees may leave the organization for those organizations that pay for good performance. What are some of the pros and cons of salary transparency? Do you think salary transparency laws are enough to close racial and gender pay gaps? Why or why not?

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