NY Receives Salary Transparency Legislation WEF November ’22
Beginning on November 1, most New York City employers will be forced to include the pay range in all job postings, promotions, and transfer opportunities. This legislation, which affects 4 million private-sector employees in New York, will promote salary transparency on the part of employers as a tool to address racial and gender wage discrepancies. The outcome will affect work within the United States and remote work.
Beginning on November 1, "employers advertising employment in New York City must publish a good faith compensation range for every job, promotion, and transfer opportunity posted," where "good faith" refers to the salary the employer is willing to pay the successful applicant(s).
Employers must include the minimum and maximum wage offered for a certain position whe...