“You have your existing population saying, ‘Well, if this is the range, why do I fall on the lower side or the medium side? … (And) now I can see, as an employee of X firm, what an employee of Y firm is making,’” notes Ian Carleton Schaefer, a New York employment lawyer who represents sports, entertainment, technology and other companies.
Article source: https://www.huffpost.com/entry/new-york-city-us-pay-transparency_n_626a37d5e4b050c90f3c1793