'Moment of Reckoning:' New Laws Are Forcing Employers to Share Salary Details With Applicants

Imagine instead if companies disclosed a tight salary range on the job listing so that you could know from the get-go if the interview process is worth your time and effort. Existing employees of the hiring company would also benefit from seeing publicly listed salaries and could use that information to equalize pay internally.

Public sector workers have long enjoyed such perks. Now, similar rules are heading for the private sector, thanks to a new batch of labor laws, often referred to as pay- or salary-transparency laws or anti-secrecy laws.