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ARTICLE · 08 AUGUST 2017

Get Ready To Have Your Pay Data Published Online

Gibbs Giden Locher Turner Senet & Wittbrodt LLP
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Proposed California Assembly Bill 1209, if passed in its present form, will require companies to have information regarding gender pay differentials published on the Internet.

United StatesCorporate/Commercial Law
Melissa Griffin
Melissa Griffin

Proposed California Assembly Bill 1209, if passed in its present form, will require companies to have information regarding gender pay differentials published on the Internet.

Effects of Pay Inequity

In 2016, the U.S. Congress Joint Economic Committee released a report stating that working women earn approximately 79 percent of what men earn, which can amount to nearly half a million dollars over the course of a woman's career. Pay inequity has devastating effects on individuals, companies, and the workforce. Internally, it can cause reduced output and higher absenteeism, resulting in decreased economic productivity. It has also been shown to play a role in anxiety and depression rates in women. Externally, disparities in pay can lead to a tarnished or stunted brand.

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