An Act to promote pay transparency

This bill requires employers in Massachusetts with 100 or more employees to annually report the race and gender of their senior management staff to the state labor department. The legislation mandates that the department publish these statistics alongside demographic data for the state's six metropolitan areas, allowing the public to compare leadership diversity against the general workforce. To address disparities, the bill creates a funding mechanism that provides professional development and coaching grants to employees at companies where women and minorities are underrepresented in senior roles. By making this data public and offering financial support for advancement, the measure aims to increase diversity in leadership positions without dictating specific hiring or promotion decisions.