New York City salary transparency law set to go into effect

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saramaria5356
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New York City salary transparency law set to go into effect

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A New York City law will require companies with at least four employees to post salary ranges in job listings in an effort to increase pay transparency starting Tuesday. Employers advertising jobs in the city who have at least one employee currently located there must include a "good faith salary range," according to the New York City Commission on Human Rights, which is enforcing the law. Employers must include a minimum and maximum salary. PHOTO: Stock photo of a resume being handed to an interviewer. Narisara Nami/Getty Images There is no fine for a first-time offense, though companies and employment agencies found to violate the law could face civil penalties of up to $250,000 if not corrected within 30 days of receiving notice of the violation.

Temporary staffing agencies are exempt from the law because they already disclose this information under the New York State Wage Theft Prevention Act. The new law, which Phone Number List passed the New York City Council late last year, was set to go into effect in May, though the start date was delayed following criticism from business groups and companies who said they were not consulted about the legislation beforehand and that the language of the law was vague. Recent Stories from ABC News Judge rules on care for Tennessee inmate who severed penis The law was also amended to waive a penalty for a first-time violation and clarify that it would not apply to jobs that cannot or will not be performed.

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New York City, among other changes. The city follows other jurisdictions that have passed laws to increase pay transparency. Among them, Colorado, Connecticut and Nevada started mandating salary ranges on job postings last year, and similar salary requirement laws will go into effect in California, Rhode Island and Washington state in 2023. A pay transparency bill has passed the New York State Assembly and Senate, though has not yet been signed by Gov. Kathy Hochul. MORE: California signs law that could transform worker bargaining. Here's how. Several companies have already started complying with the New York City law, including Amazon, American Express, Citigroup and Zillow.
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