Korn Ferry Executive Survey: New Laws Forbidding Questions on Salary History Likely Changes the Game for Most Employers
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Business Wire
- Sixty-Five Percent Say their Organization Will be Impacted by Laws but Only 19 Percent are Prepared – LOS ANGELES--(BUSINESS WIRE)-- A new survey by the Hay Group division of Korn Ferry (NYSE:KFY) shows that 65 percent of executives believe their organizations will be affected by new legislation aimed at closing pay gaps for women and other underserved populations. However, most don’t believe the legislation will work. A number of cities and states across the United States, including California, Massachusetts, Delaware and Oregon, are at various stages of enacting legislation that makes it illegal for employers to ask job candidates about their salary history and to use the information in making pay offers. New York City enacted legislation recently. Proponents say that basing pay on past wages can perpetuate the earnings divide. Whether or not these new laws improve gender pay equ
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KFY
Earnings
- 3/6/24 - Beat
KFY
Sec Filings
- 3/11/24 - Form 4
- 3/8/24 - Form 10-Q
- 3/8/24 - Form 144
- KFY's page on the SEC website