economy

Effective November 1, 2022

The NYC Human Rights Law requires employers to include a good faith pay range in all job advertisements. NYC’s Salary Transparency Law is another step towards pay equity for all New Yorkers, and is the latest addition to a suite of protections against discrimination for New Yorkers seeking employment.

Any advertisement for a job, promotion, or transfer opportunity that would be performed in New York City is covered by the new law. An “advertisement” is a written description of an available job, promotion, or transfer opportunity that is publicized to a pool of potential applicants, including, but not limited to, postings on internal bulletin boards, internet advertisements, printed flyers distributed at job fairs, and newspaper advertisements. 

Interestingly, many economists and others have been vocal about how this law may actually cause salaries to be compressed. Will new NYC Salary Transparency Law result in pay compression?

OTHER PROTECTIONS UNDER NYC LAW

Read moreNYC Salary Transparency in Job Advertisements Law (effective November 1, 2022)