Paul and Bryan discuss what the medium to long-term impact of pay transparency might be, based on academic research and other thought leadership in the space. Will wages go up - or down? Will pay equality increase? What unintended consequences might we see? What new pay strategies might arise?

Studies cited in this episode:
The economic effects of expanded compensation disclosures
Does Transparency Lead to Pay Compression?
Equilibrium Effects of Pay Transparency
The Austrian Pay Transparency Law and the Gender Wage Gap
Do Firms Respond to Gender Pay Gap Transparency?
The influence of pay transparency on (gender) inequity, inequality, and the performance-basis of pay