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.; Pay transparency is now considered table stakes and an organizational best practice, according to Payscale’s 2024 Compensation Best Practices Report, with 60% of surveyed organizations publishing pay ranges in job ads (up from 45% last year).

.; Pay transparency legislation took hold in New York in November and now similar legislation will take effect farther up the coast in Rhode Island and across the country in California and Washington at the start of 2023.

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Some workers also see pay transparency as a sign of an open and honest work culture, which has become highly sought after by job seekers.

Four-day workweeks gain traction as a pioneering trend, but widespread acceptance is an open question.

Because of this, and as pay transparency regulations push the need for more openness, communication and education on the subject, organizations are recognizing a heightened need to convey what can be very complex information to employees.

.;64% of workers are open to new opportunities because they need a higher salary ( Workable ).;77% of employees would consider a company’s culture , and 79% its mission and purpose, before applying for a job — and 56% prioritize culture over salary for job satisfaction (Glassdoor).;32% of workers would take a pay cut if it meant they could work from home as much as they wanted ( TeamBlind ).; “Organizations that effectively communicate their vision, culture and impact stand out to potential employees,” said Laurence Newell, managing director, Americas, at Brand Finance.

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“All the jobs lost during the pandemic have now been regained,” Seema Shah, chief global strategist at Principal Global Investors, told MarketWatch.

Romanyshyn: Think about six months or a year from now.