As part of the end-of-session rush of legislative activity, New York State lawmakers passed a bill that will require private-sector employers in the state to disclose salary ranges on job postings.
The bill now heads to Gov. Kathy Hochul for her signature or veto.
If enacted, which is expected, New York will be the latest state to jump on the hottest trend in pay equity legislation.
Here is what employers to know about the legislation – which potentially has nationwide reach.
What the Law Entails
New York's salary transparency law mandates that employers disclose the compensation or range of compensation in any advertisement for a job, promotion, or transfer opportunity. The "range of compensation" means the minimum and maximum annual salary or hourly rate that the employer in good faith believes to be accurate at the time of the job posting.
For positions compensated solely on a commission basis, employers can comply with the law by including a general statement that compensation will be based on commissions. In addition to salary disclosure, employers must also provide the job description for the position, if one exists.
The statute applies to employers with four or more employees, so it excludes only the smallest employers from compliance. Temporary help firms are also excluded from compliance.
Employers are required to keep records that show a history of compensation ranges for each job opportunity and the job description for the position.
Importantly, the statute...
Russia's Defense Ministry is reporting alleged battlefield successes on Max, but some of its claims lack evidence. Even Russian military bloggers are questioning claims that Ukrainian forces have ...