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The Impact of Ontario’s Salary Disclosure Legislation on Retail [Podcast]

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Craig and Suzanne Sears, CEO and founder of Luxury Careers Canada, discuss Ontario’s salary disclosure legislation. Suzanne provides valuable insights into the origins of this legislation, its initial cancellation by the Ford government, and its recent revival. The conversation delves into the legislation’s primary intent – addressing the gender pay gap and fostering diversity, equity, and inclusion within the retail sector.

The discussion further explores the potential repercussions for retailers, who may now be compelled to disclose salary ranges in job postings. Suzanne highlights the concerns within the industry, including the possibility of companies exploiting broad pay bands to avoid transparency. Craig raises the question of whether this move towards salary disclosure will indeed lead to increased costs for retailers and a necessary adjustment in employee compensation.

Shifting gears, the conversation touches on a fascinating trend in the employment landscape – the return of baby boomers to part-time retail positions. Suzanne sheds light on how this demographic, driven by the need for supplemental income amid rising costs of living, is becoming an untapped talent pool for retailers. The duo discusses the advantages and challenges associated with hiring older individuals, emphasizing the potential benefits for both employers and experienced part-time workers.

The Interview Series audio podcasts by Retail Insider Canada are available on Apple Podcasts, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Also check out our The Weekly audio podcast where Craig and Lee discuss popular content published on Retail Insider which is part of the The Retail Insider Podcast Network.

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Background Music Credit: Hard Boiled Kevin MacLeod (incompetech.com). Licensed under Creative Commons: By Attribution 3.0 License. http://creativecommons.org/licenses/by/3.0/

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