SB 122, The Wage Transparency Act, was signed into law last week by Governor Bill Ritter. SB 122 protects employees who share wage and salary information with their co-workers. The lack of information, or transparency, about wages and salaries is a key obstacle to identifying and correcting pay discrimination.
And boy howdy, is there still discrimination. Women in Colorado still make only 81 cents on the dollar compared to men. The studies control for factors such as time on the job and experience, but there's still a big chunk that just isn't explained by anything other than plain old gender bias. The story for men and women of color is even sadder. Check out the Colorado Pay Equity Commission's study "Fulfilling the Promise: Closing the Pay Gap for Women and Minorities in Colorado" for more details and the facts of the matter.
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