Companies are now posting salary ranges in job listings to comply with a new pay transparency law in New York City, which mirrors legislation that’s been passed in some other states and cities.

Even if you’re not in the job market — and even if you’re thousands of miles from New York — the data could help you out in salary negotiations.

After the New York law went into effect Tuesday, employers began updating their listings to include “good faith” minimum and maximum salaries for the job openings they are advertising.

For example, people can now see that Macy’s is hiring for a retail support associate position in New York City at $15 to $26.83 per hour, and JP Morgan is hiring for an analyst role with a base salary of $65,600 to $82,000.

How to use pay transparency to get a raise

Pay transparency laws are intended to help prospective employees get a fair salary when they’re choosing a new job, according to Daniel Zhao, lead economist at Glassdoor, a website where employees anonymously review companies.

“Pay transparency helps level the playing field between employers and job seekers in a context where employers have historically held all the cards,” Zhao says. “By shining a light in dark corners, pay transparency can help make sure workers know how much to expect and when they’re being undervalued.”

People who already have jobs can also benefit from the new pay transparency law, according to Lisa Simon, senior economist at workforce intelligence company Revelio.

She says...

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