Microsoft will be the first major US employer to publish salary ranges for ALL open shift work positions to increase transparency for job seekers
- Microsoft said on Wednesday that it would publicly release the salary range for all jobs
- The change follows a new law in Washington state to increase transparency
- Microsoft has promised to increase compensation to attract talent
Microsoft is set to become one of the first major US employers to disclose salary ranges for all of its job postings in America to increase transparency for job seekers.
The move, announced on Wednesday, follows a new law in Microsoft’s home state of Washington that will require such disclosures in new job postings starting next year.
A number of such laws have recently been passed or newly proposed in various states, meaning that companies spanning multiple jurisdictions may soon take similar steps to disclose salary bands to potential applicants.
Microsoft announced that it will add salary information to all public and internal job postings by January 2023 at the latest.
Microsoft is set to become one of the first major US employers to disclose salary ranges for all of its job postings in America
Microsoft, which like many other companies is struggling to attract top talent in a tight job market, recently promised to increase pay rises and stock awards.
Washington’s new payroll disclosure law follows a similar law in Colorado. New York City recently passed one such measure, which is expected to go into effect in November.
In California, employers are required to disclose salary upon request after an initial interview. Massachusetts has introduced a similar bill that would require salary disclosures upon request.
Some of the rules may apply to remote work that might be done in the jurisdiction in which they apply, meaning salary disclosures are likely to be widespread.
In similar moves, Microsoft also said Wednesday that it would stop enforcing existing non-compete clauses in the United States while committing to a civil rights review of its human resources policies in 2023.
Above is Microsoft CEO Satya Nadella. New laws in several states mean that salary disclosures are likely to become much more prevalent in the years to come
The Redmond, Wash.-based software company said changes in non-compete enforcement would not apply to the company’s top management.
Microsoft added that the civil rights review of its HR policies and practices will be conducted by a third party and a report will be released.
It would also eliminate confidentiality language in its US settlement and separation agreements, which prohibit workers from disclosing conduct they deem illegal.
The company said last week it would not oppose union organizing efforts by its employees, a sign of growing receptiveness in the tech sector, which has long ignored organized labor.