Covers NYC employers with at least four employees or nationwide employers with at least one employee working in the city
Today, November 1, 2022, all New York City-based employers with at least four employees or domestic workers or nationwide employers with at least one employee working in the City, must abide by the New York City Salary Transparency Law.
Covered employers must include base salary information on all job advertisements. Employers may provide either a fixed amount such as $30 an hour or a minimum and maximum such as $40,000 to $50,000. The law, unlike Colorado, does not require the description of benefits, bonuses, commissions, or other compensation.
For more details about the new law, read our previous OutSolve blogs:
- New York City Publishes Factsheet on Salary Transparency in Job Advertisements
- New York City Employers Must Include Salary in Job Advertisements
- New York City Amends Wage Transparency Law to Provide Clarity to Employers
OutSolve’s Take
For clients who wish to take preventive measures to evaluate their pay practices, OutSolve’s Pay Equity Analysis Services are available. Additional information on OutSolve’s Pay Equity Analysis or other compliance services may be obtained at info@outsolve.com or by calling 888-414-2410.