Federal contractors will not have to disclose pay data or prove pay equity

The US government withdrew a proposed rule that would have required federal contractors to disclose pay data and prove pay equity. This means companies doing business with the government will not face new transparency requirements for how they pay their employees.

The US government had planned to require companies with federal contracts to show they pay men and women equally. This withdrawal means those companies will not have to change their pay practices or disclose their wage data. The administration had pushed for this rule as part of a broader effort to close pay gaps.