Microsoft announced on the 8th that it will announce the range of salaries in job offers targeting the United States from next year. Competition for talent is intensifying in the United States, and other large companies are likely to follow suit.
It is intended for job offers inside and outside the company, and will be implemented for all positions by January 2023. In Washington, where the company is headquartered, a new law will come into force on the 1st of the same month that requires companies with 15 or more employees to publish their salary ranges for all jobs. The new law is limited to the state, but Microsoft’s new policy covers the United States.
The company is seen as a leader in the employment practices of large companies, and other companies are expected to follow suit. However, many companies hesitate to disclose salary information, which has been closed for a long time, and it may take time to spread to other large companies.
There are six regions that have decided to require disclosure of salary information, but some of them will take several months to come into effect. In New York City, enforcement was postponed due to corporate resistance.
However, expectations for employee disclosure of salary information are rising, and more and more regions are enacting such laws. A new law has already been passed in Colorado. Similar bills are being considered in both California and New York. Companies may choose to accept and resist this trend in the future.
Experts familiar with wage issues have long predicted that companies would dislike tailoring to different state-by-state practices. Not only would this complicate recruiting activities for the affairs department, but it would also create inequality in the information available to employees in states that are obliged to disclose and those that are not.
As a result, companies that have already reviewed their salary systems and made wages fair are expected to make nationwide policy changes from an early stage. On the other hand, the introduction by companies that have not taken such measures will be delayed.