I wonder if transparent salaries across the board could help shift that? Companies may be then forced to offer competitive raises to retain their current workforce.
Or perhaps they’ll just find a way around it by using other forms of compensation that skirt transparency laws in spirit.
I think companies trail the market in a quickly rising market (like this one for SWEs) out of laziness and inertia (on both the company and employee side; employees don’t want to bother looking for a job if everything is otherwise good and the comp is “close enough”).
Or perhaps they’ll just find a way around it by using other forms of compensation that skirt transparency laws in spirit.