Paycheck Fairness Act

The Paycheck Fairness Act aims to reduce gender-based pay disparities by strengthening protections against wage discrimination. It modifies the "bona fide factor" defense to require employers to prove pay differences are based on job-related factors rather than sex, prohibits reliance on salary history when making hiring decisions, and requires employers with 100+ employees to collect and report pay data disaggregated by sex, race, and ethnicity. The bill enhances penalties for violations, including compensatory and punitive damages, and strengthens non-retaliation protections for employees discussing wages. These changes directly affect employers, employees, and prospective employees, with particular focus on addressing pay gaps that disproportionately impact women and women of color. The act also creates a National Award for Pay Equity in the Workplace to recognize employers making progress in eliminating pay discrimination.