If you advertise a position with a tight, high salary band, then you are going to get the best candidates (all other things being equal). The proposed law give

If you advertise a position with a tight, high salary band, then you are going to get the best candidates (all other things being equal). The proposed law gives organisations that offer good pay and conditions a stronger competitive advantage in the labour market than they currently have. This law basically enshrines what has being going on at the top SV companies for years: make it known that you offer high wages, and then tolerate the sharing of wage information by employees (protected under Californian law).