NYC salary transparency law eliminates the guessing game.
New york city nyc skyline skyscrapers

They say money talks and New York is sending a clear message to corporate America on salary transparency. 

As of today, New York City will require companies with at least four employees to post salary ranges in job listings. This landmark law will apply to full and part-time employees, interns, and contractors.

Employers with at least one employee in the city will have to include a “good faith salary range” with a minimum and maximum figure whether they advertise jobs online, in a job fair flier, or on an internal bulletin board.

Experts and supports say that transparency will help address gender and race pay disparities.

Companies and employment agencies that violate this new law can face civil penalties of up to $250,000 if they do not correct the violation within 30 days of being notified. First-time offenders will not be fined.

NYC follows in the steps of other jurisdictions that have enacted laws to increase pay transparency. Among them are Colorado, Connecticut, and Nevada, which started mandating salary ranges on job postings last year, and California, Rhode Island, and Washington state will follow suit in 2023.

Navigate the News Better

Take a five-minute trip through the news that matters most to travelers with our daily newsletter.

Related Stories

Join The Navigator

Navigate the news better.

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.