Gender pay gap shrinks when companies disclose wages

That’s pretty big,” said Margarita Tsoutsoura, co-author of the study, “Do Firms Respond to Gender Pay Gap Disclosure?” From 2003 to 2008, the gender pay gap at the reporting companies shrank 7 percent, from 18.9 percent down to 17.5 percent, while the wage gap at the non-reporting firms held steady, according to the study. The study suggests this type of regulation can reduce gender pay gaps, Tsoutsoura said.

Source: news.cornell.edu