KEY POINTS
  • As pay transparency laws have come into effect, employers are lowering advertised salary bands.
  • A majority of firms are complying with the new laws. Some, however, are not, while others are posting pay even when not required.

State and local pay transparency laws enacted over the last few years have more employers disclosing salary ranges in job descriptions.

Yet, wages aren't growing as expected. The growth of advertised wages for new hires is slowing, according to a report from job posting service ZipRecruiter — and in some cases, it's reversing, with companies now posting lower pay ranges.