The Healey-Driscoll administration marked a step towards wage equity with a ceremonial bill signing on Tuesday, enacting a law requiring employers in Massachusetts to post pay ranges in job listings. The new legislation, applicable to businesses with 25 or more employees, seeks to enhance economic competitiveness and ensure wage equity for job seekers. Aiming for Economic Competitiveness and Equity Governor Maura Healey emphasized the law’s importance at the ceremony, noting that while Massachusetts is lauded as the best state for women, disparities remain. “We know being number one isn’t good
Massachusetts-based Black-led startups are getting a $100 million boost from MassMutual’s second MM Catalyst Fund (MMCF). MassMutual announced that it is adding $100 million to its MMCF. The fund will continue to make investments in startups led by Black and historically overlooked founded-companies in the company’s home state of Massachusetts. MMCF will also invest selectively with fund managers in MassMutual’s First Fund Initiative, which focuses on first-time fund managers from Black, Latine, and Indigenous backgrounds. Building on past success The MMCF has backed 16 companies across various industries since its
