The Importance of Pay Transparency

Pay transparency is gaining importance as workers advocate for open discussions about salaries, particularly to ensure fair treatment for women and people of color. Hannah Williams, CEO of Salary Transparent Street, highlights her journey into the pay transparency movement. Williams discovered she was underpaid compared to others in her field and realized the need to negotiate fair salaries. She emphasizes the importance of market research for understanding fair pay and the impact of pay transparency on closing wage gaps.