Employers have long discouraged talking about money at work, in part because obscuring salary information keeps compensation costs down. But that attitude is starting to change. Pay equity is a big driver in transparency, and companies are under more pressure to prove they pay employees equally. Shareholder activism from Arjuna Capital has pressured multiple banks and tech companies to report their pay gaps. Legislation in various states and cities, including California and New York, has also banned employers from asking about salary history to curb discrimination.
Read more at SF Gate.