The Truth Behind Salary Transparency

Since 2016, over 10 states, covering more than a quarter of the US labor force, have mandated salary range disclosures by employers. This landmark legislation has prompted many companies to adapt. In this episode, we'll discuss how companies are responding, common misconceptions about these laws, and strategies for success in this new landscape. We’re joined by Shannon Schiltz – operating partner leading a16z’s people practices team – and Brandon Cherry, partner on the same team. Topics Covered: 00:00 - Salary transparency legislation 01:21: The culture around pay transparency 05:41: How are companies reacting? 09:19: Structuring a compensation philosophy 12:40: Advice for founders and start-ups Resources: Find Shannon on LinkedIn:   / shcallahan   Find Brandon on LinkedIn:   / brandoncherry   Find a16z on Twitter:   / a16z   Find a16z on LinkedIn:   / a16z   Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host:   / stephsmithio   Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.