Employco Blog

The tight labor market has led employees to make new demands. One of the newest expectations of employers is pay transparency. Despite many employers’ reluctance to embrace pay transparency—because pay transparency can reveal unintended pay gaps and trigger questions from current employees—the practice has gained a stronger foothold in 2023. In fact, a growing number of states and localities require employers to share pay information with applicants and employees. As a result, pay transparency requirements are impacting more employers.

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We recently released our 2nd quarter Attraction and Retention Newsletter. This edition of the newsletter includes the following information:

• Attraction and Retention Expected to Remain Operational Challenges
• Building an Employee Value Proposition to Attract and Retain Employees
• Skills-based Hiring
• Workplace Outlook Including Recent BLS Data

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Artificial intelligence (AI) chatbot ChatGPT has recently made waves for producing human-like text and communications from user inputs. Accessible to anyone with a computer and internet connection, ChatGPT produces usable written material on a wide range of topics and helps make decisions. These functions are leading many employers to consider ways to incorporate this technology into their organizations to enhance workflows, streamline operations and improve customer experience.

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