Gov. Gavin Newsom on Tuesday signed the state’s pay transparency law that will require California businesses to disclose compensation and demographic data for their workers starting next year. Under the new law, companies with 15 or more employees will be required to include pay ranges in job postings, and those with 100 or more employees or contractors will have to report median and mean hourly pay rates by job category and “each combination of race, ethnicity, and sex.” The state already requires companies with 100 employees or more to annually report pay data for existing employees and disc…
