Pay transparency refers to the practice, often mandated by law or policy, where employers openly share information about employee compensation, salary ranges, or pay structures. This can include posting salary ranges in job listings, informing employees about how pay is determined, or publicly reporting wage data. The goal is to reduce wage gaps, promote fairness, and address pay inequality based on gender, race, or other factors. In cybersecurity, pay transparency can help attract diverse talent and ensure equitable compensation across roles, which is crucial in a field facing skills shortages and diversity challenges.