The veil of secrecy surrounding salary transparency
continues to slowly be pulled back, as pending laws in New York and California position the states to potentially join the ranks of Colorado and Washington. That’s a win for workers, particularly those who disproportionately experience pay disparities such as women and people of color. It could also be a headache for employers, though there are, too, including attracting competitive candidates and better retaining top talent.
Federal Reserve Chair Jerome Powell is firm in his plan to reel in inflation, but it might come at the price ofinterest rate hike of 75 basis points will impact you in the months ahead, from constant chatter of hiring freezes and job cuts to higher rates for mortgages, credit cards and business loans.The ultra-wealthy business people who landed on the Forbes 400 ranking for 2022 have a combined net worth of $4 trillion, which is actually a $500 billion dip from last year. That’s not to say these accomplished standouts aren’t making out very well for themselves, particularly the richest Americans making up the top five cohort.