Salary disclosure laws have been a boon for workers searching for jobs that pay fairly — but only when the advertised pay bands are narrow enough to be useful.
June 20, 2023
Last December, Yun Yati Naing began searching for the job she would begin after graduating from Baruch College in New York City. It was one month after a law passed by the city went into effect requiring employers with four or more employees to post salary ranges on all new job advertisements.
“All my friends were talking about it,” Ms. Naing said. “It really made a difference going into the work force as a fresh graduate. We had no idea what the wages of these entry-level jobs were.”
Thanks to the new disclosure requirements, Ms. Naing, who was interested in a career in finance, was able to filter out opportunities that paid less than $50,000, the minimum salary she hoped to earn. She tracked job opportunities on an Excel spreadsheet, and, after a flurry of interviews and offers, she accepted a job in financial services that advertised starting pay between $54,000 and $79,000.
Her new employer’s offer came in at $60,000, and she negotiated a modest increase. She graduated in early June and has just started work.
More and more young people like Ms. Naing are entering job searches with a cleareyed view of how much money they can expect to earn, the result of a spate of new laws that require employers to list pay ranges on job advertisements. Salary transparency legislation has been enacted in California...
A La Habra-based provider of positron emission tomography scan services has agreed to pay more than $8.3 million to resolve allegations it violated the False Claims Act by offering improper payment...