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Pay Transparency: Exploring the Research, Policies, and Implications for Low- and Moderate-Income Workers

A conversation on what we know about pay transparency

April 3, 2024 | 1:00 – 2:00 p.m. CT
Virtual video event

Pay Transparency: Exploring the Research, Policies, and Implications for Low- and Moderate-Income Workers

On April 3, the Federal Reserve Bank of Minneapolis presented a virtual convening that highlighted considerations from recent research and policies surrounding pay transparency—policies that require certain employers to post salary information in job postings or at points in the hiring process.

The event featured a panel discussion of subject matter experts from the academic, business, and policy sectors who provided an overview of this important aspect of the labor market and how it impacts the experiences of low- and moderate-income workers. We were excited to host this event, as we believe that better understanding how the labor market functions for workers is a key part of the Minneapolis Fed’s mission of pursuing an economy that works for all of us.


Event Details

Virtual video event

Event Agenda

Wednesday, April 3, 2024

1:00 p.m.–1:05 p.m. CT Welcome, Overview, and Introductions
Alene Tchourumoff, Community Development and Engagement, Federal Reserve Bank of Minneapolis
1:05 p.m.–1:50 p.m. CT Panel: Recent Research and State Policy Actions on Pay Transparency 
Zoe Cullen, Harvard Business School
Tiffani Daniels, Minnesota Business Coalition for Racial Equity
Katherine Eyster, U.S. Department of Labor
Megan Nail, NFP
Moderator: Hue Nguyen, Community Development and Engagement, Federal Reserve Bank of Minneapolis
1:50 p.m.–1:55 p.m. CT Closing Remarks
Ryan Nunn, Community Development and Engagement, Federal Reserve Bank of Minneapolis

Additional Resources

Presenter Information

Zoe Cullen

Zoe Cullen Assistant Professor of Business Administration,
Harvard Business School

Zoe Cullen is an assistant professor in the Entrepreneurial Management Unit at Harvard Business School, where she has served since 2018. Cullen graduated with a Ph.D. from Stanford University in economics in 2016. She worked from 2016 to 2018 as the chief economist for an Asian bank on the rollout of a digital transaction platform. Her interests are in the design of labor markets and the choices of employers and labor platforms that affect matters of public interest, such as pay transparency, pay inequality, and criminal background screening. Cullen is a National Bureau of Economic Research affiliate in labor studies and associate editor at the Journal of Political Economy.

Tiffani Daniels

Tiffani Daniels Managing Director
Minnesota Business Coalition for Racial Equity

Tiffani Daniels serves as the inaugural managing director for the Minnesota Business Coalition for Racial Equity (MBCRE), where she is responsible for building the organization’s strategy, structure, and operational plans to drive economic impact by leveraging the resources of Minnesota’s business community. In two years, she has worked to position MBCRE for impact and action. She is an executive on loan from General Mills, which is excited to share Daniels’ talents with MBCRE. Daniels holds a Master of Business Administration degree from the University of Michigan and a Bachelor of Journalism degree from the University of Missouri, Columbia.

Katherine Eyster

Katherine Eyster Chief of Staff, Wage and Hour Division,
U.S. Department of Labor

Katherine Eyster serves as the chief of staff for the U.S. Department of Labor’s Wage and Hour Division (WHD). She had previously served as a senior advisor in the WHD and in the Office of the Secretary since April 2021. The WHD enforces federal worker protections and provides outreach and education about federal labor laws, including minimum wage, overtime, child labor, and family and medical leave.

Before joining the department, Eyster served as the legislative director for a Washington, D.C., councilmember and spent four years at the National Partnership for Women & Families, where she helped to strategically envision and execute cross-organizational projects and priorities related to workplace gender equity and economic justice, including Family and Medical Leave Act utilization, paid leave, paid sick days, and fair scheduling. Before her work at the National Partnership, Eyster spent years working in nonprofit programming and policy in New Orleans and Washington, D.C., with a focus on women’s economic opportunity, reproductive health, and labor policy—including roles at the Institute of Women and Ethnic Studies, the Latin American Youth Center, and the White House Domestic Policy Council.

Eyster holds a master’s in public policy from the University of Michigan’s Ford School of Public Policy and a bachelor’s in history from Wesleyan University.

Megan Nail

Megan Nail Vice President, Total Rewards Practice

Megan Nail is vice president of Total Rewards Practice at NFP, where she provides expert guidance to clients, helping them to align their organization's goals with effective total rewards and compensation strategies. She specializes in designing market-competitive compensation frameworks that support the organization’s specific needs and philosophy, ensuring they are practical to implement and use. With nearly 20 years’ experience as a volunteer leader at the Society for Human Resource Management (SHRM), including serving at the highest level of national SHRM volunteer leadership, Nail has invested in building and strengthening the HR community. She has a master’s degree in organizational communication from Purdue University and a bachelor’s degree from the University of Dayton. Her professional certifications include CCP (Certified Compensation Professional), CEBS (Certified Employee Benefits Specialist), and SHRM-SCP (SHRM Senior Certified Professional).

Hue Nguyen

Hue Nguyen Assistant Vice President for Policy, Community Development and Engagement
Federal Reserve Bank of Minneapolis

Hue Nguyen leads the work of the Community Development and Engagement department to identify and develop policy solutions for issues affecting low- and moderate-income communities and tribal nations. She has extensive experience facilitating community engagement and leading policy teams in both the executive and legislative branches in Minnesota state government. Nguyen has spent over 20 years advancing policies in the areas of housing, education, and taxation. Prior to coming to the Bank in 2023, she served as a director of government affairs at Target Corporation. She is also active on several community and statewide boards. Nguyen holds a bachelor’s degree in political science and journalism from the University of Minnesota.

Ryan Nunn

Ryan Nunn Assistant Vice President for Applied Research, Community Development and Engagement
Federal Reserve Bank of Minneapolis

Ryan Nunn leads applied research in Community Development and Engagement at the Federal Reserve Bank of Minneapolis. His team works to supply policymakers and practitioners with evidence that can inform decision-making and improve outcomes for low- and moderate-income communities.

Before coming to the Bank, Nunn was a fellow in economic studies at the Brookings Institution and policy director for the Hamilton Project. Prior to that, he was an economist at the U.S. Department of the Treasury. Nunn’s work has focused on analysis of labor market trends and institutions. He has published research in journals including Labour Economics, the European Economic Review, and the Annals of the American Academy of Political and Social Science.

Nunn received his undergraduate degree in economics from Case Western Reserve University and his Ph.D. in public policy and economics from the University of Michigan.

Alene Tchourumoff

Alene Tchourumoff Senior Vice President, Community Development and Engagement
Federal Reserve Bank of Minneapolis

Alene Tchourumoff, senior vice president of Community Development and the Center for Indian Country Development, leads the Bank’s engagement with communities throughout the Ninth District to promote economic opportunity for low- and moderate-income people and those living in Indian Country. Key focus areas include affordable housing and labor market participation. Prior to joining the Bank in December 2018, Tchourumoff served as chair of Minnesota’s Metropolitan Council, where she built strong partnerships with local governments and community groups to advance transit, housing, and other critical infrastructure. Previously, she served as Minnesota’s first state rail director, led Hennepin County Public Works’ Planning Department, and worked extensively in China and Southeast Asia on public policy and public health initiatives—including combating HIV/AIDS in China and Vietnam.

Tchourumoff holds a bachelor’s degree in business administration from George Washington University School of Business and a master’s degree in public policy from Harvard University’s Kennedy School of Government.

Tchourumoff was named a 2020 Women in Business honoree by the Minneapolis-St. Paul Business Journal and is a member of the Minnesota State Attorney General’s task force dedicated to improving women’s economic security.