If you knew how much money all of your work colleagues make, would that irritate you? Or might that knowledge spur you to work harder? It may seem a silly question, but a new study from Cornell University found it’s not. In fact, openness around pay can boost productivity.
A bill making it harder for employers to pay women less than men in comparable jobs died in the U.S. Senate Wednesday when Senate Republicans derailed the Paycheck Fairness Act, a Democratic bill curbing paycheck discrimination against women. A new study finds that nationally, women in full-time jobs earn 77 cents on average for every dollar men make.