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0 -0.00211914292441715 -0.00188368259948195 -0.000941841299740974 -0.000729927007299242 0.00518012714857561 0.00612196844831658 0.00777019072286332
Stock impact report

Employers don't think bans on asking about salary history will achieve goal, survey says [Los Angeles Times (CA)]

Korn Ferry (KFY) 
Last korn ferry earnings: 3/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kornferry.com
Employers don't think bans on asking about salary history will achieve goal, survey says California recently became one of eight states, cities or localities to pass legislation banning all employers from asking one particularly awkward question of prospective workers: How much did you make in your last job? Yet companies apparently aren’t convinced the laws will work as intended. The aim of many of the measures is to help close the gender pay gap. The idea is that if employers do not set new wages on the basis of past compensation, one low salary or poorly negotiated job offer early on in her career won't set a woman back for years to come. But some two-thirds of the 108 companies surveyed by executive search and consulting firm Korn Ferry recently said they thought the measures would not, or would only to a small extent, improve any pay differentials that exist. The likely reason, said Tom McMullen, a senior client partner for Korn Ferry, is that employers either already Show less Read more
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