I Support Pay Transparency

This synopsis of data in the proposal stood out to me:

"In 2022, Bermudians had the lowest median gross annual income of all immigration groups at $65,302. This rose slightly to $67,187 in 2023. In contrast, non-Bermudians earned a median income of $82,563 in 2023. Other groups, such as spouses of Bermudians and permanent resident certificate (PRC) holders, also earned more, on average, than Bermudians.

Income differences also appear along racial lines. In 2023, the median gross annual income for white workers was about 50% higher than that of Black workers. This shows that income gaps continue to exist and often overlap with both race and immigration status.

These inequalities are also reflected in the kinds of jobs people hold. In high-paying industries like financial services, where jobs include actuaries, investment managers, and compliance officers, non-Bermudians are more often found in senior or specialized roles. These positions often require international credentials or experience that may be less common among the local workforce."

To ignore the disparity would be a disservice to our understanding of the systemic inequalities affecting Bermudians.

I am particularly interested in total compensation packages as a potential workaround for companies. Traditionally, guest workers in international business have received housing allowances to assist with relocating and living in Bermuda. However, this disparity in pay impacts local Bermudians, who earn lower salaries and struggle to compete for housing in an already challenging market.

I would love to see more data that reflects all types of professions and skills.