Insights
Theresa Mongiovi Discusses Pay Disclosure Laws and Impact on Employers with Bloomberg Law
In the September 6, 2022 article, "More Pay Disclosure Laws Exposing Employers to Bias Suits," Theresa A. Mongiovi discussed the legal and operational impact of pay disclosure laws on employers.
Discussing how companies might prepare for increased pay disclosure, Ms. Mongiovi noted:
“Companies would have to show their work—how did we get to this? And be prepared to explain it to anyone when asked. They have to look at their pay audits, be more specific on how they arrived at a pay band, how they’re doing bonuses, and be prepared to have these conversations with employees, especially in this market, to ensure an employee just doesn’t go to another employer.”