Employers promoting jobs in Maryland will need to include salary ranges in ads and postings starting later this year, and experts say the law will help job seekers at the negotiating table with little extra work for employers.
Gov. Wes Moore signed a wage transparency bill into law April 25 that will require employers to disclose pay ranges in job postings for positions that will be performed at least partially in Maryland. The legislation takes effect Oct. 1 and brings Maryland in line with several other states that passed similar measures to reduce gender and racial wage gaps.
“The biggest benefit here is leveling the playing field when it comes to negotiating a salary. Despite our unusual mix of industries, we still see these big wage gaps,” said Benjamin Orr, founder of the Maryland Center on Economic Policy.
In the second quarter, the average monthly earnings in Maryland were $7,035 for men and $4,994 for women, according to the most recent data from the U.S. Census Bureau. For every dollar a white man makes in Maryland, here’s what other groups make, according to a report from the state’s Department of Labor:
- Asian women: 86 cents
- White women: 79 cents
- Black women: 67 cents
- American Indian and Alaska Native women: 65 cents
- Hispanic women: 50 cents
Click here to read the rest of the article written by Joe Ilardi over at Baltimore Business Journal
