Colorado’s Equal Pay for Equal Work Act — a set of laws aimed at ending wage discrimination, especially for women and minorities — went into effect earlier this year.
But instead of adhering to the legislation, some companies have decided to exclude Colorado-based remote employees in job listings.
The act specifies that employers hiring in Colorado must include an expected salary range and benefits in job posts. Some reports claim that companies don’t want to reveal their cards.
Even if these rules are a good idea, they demand new systems and processes for any business hiring in Colorado. Many are balking, so it’s looking like a “cobra effect” law: when a well-intentioned rule backfires.
This shift will be a welcome change for many employees, especially those who used to have long, arduous commutes. But those who go remote on a full-time basis will incur at least one cost: paying for extra workspace at home. Such expenses are not trivial. A recent working paper by Christopher Stanton and Pratyush Tiwari of Harvard University estimates that, between 2013 and 2017, American renters who worked from home spent roughly 7% more of their incomes on housing than similar workers who commuted to the office. Homeowners who worked remotely spent an extra 9% on their mortgage payments and property taxes.