Starting Tuesday, most employers in New York City will have to follow new rules around reporting salary ranges in job postings, in an effort that fair pay advocates say will reduce wage gaps for women and people of color.
The law makes New York City the largest municipality in the U.S. to enforce pay transparency for both external and internal job advertisements. A similar law passed by the state legislature this year could go into effect if signed by Gov. Kathy Hochul.
While elected officials and workers cheered the law as a step toward workplace equity, the city agency tasked with responding to allegations of violations of its rules is woefully understaffed, said City Councilwoman Gale Brewer, raising doubts about whether the law will be fully enforced.
“It’s a good law,” said Brewer, who chairs the council’s committee on investigations. But, she added, the understaffing “is a big problem.”
Here’s what you need to know about the new pay transparency law.
Across industries and within city government, women are paid less than men in similar roles, and people of color are paid less than white workers, according to government reports.
The wage gap in New York state between men and women has grown in recent years, according to a state comptroller report from March. In 2019, the latest year the report studied, the median salary for male managers in New York was $100,000, compared with $80,280 for women.
In the city’s municipal labor force, the...
Congress created the Paycheck Protection Program (PPP) as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide forgivable loans to qualified businesses to maintain pay...