Independence Blue Cross will pay $22.5M to resolve False Claims Act violations - ABC27
Independence Blue Cross will pay $22.
As of Nov. 1, a new era begins for some New York City employers that will now be required to include salary information in advertisements and job postings. It's time for employers with at least four employees to ensure they're in compliance. We've gathered articles on the news from SHRM Online and other outlets.
Compliance Steps
Covered employers should take a range of measures to ensure they're in step with the new law, including the following:
Pay Transparency Law May Result in Pay Compression
One of the unintended outcomes of complying with the law may be pay compression. "Pay compression occurs when there is minimal difference in pay between tenured employees and new hires despite differences in their respective knowledge, skills, experience or abilities," said LaKeisha Caton, an attorney with Pryor Cashman in New York City. The publication of salary ranges might exacerbate the problem of pay compression because...
Independence Blue Cross will pay $22.