New York City Employers Are Now Required To Disclose Salary Ranges

New York's new salary transparency law mandates employers to disclose salary ranges for job openings, promotions, and transfers. This aims to address pay disparities, especially for women and minorities. While it doesn't impact current employees' salaries, it ensures equal opportunities for promotions. The law applies to employers with four or more employees and requires salary disclosure in job ads. Business groups express concerns about potential workforce dissatisfaction. Similar laws exist in other states, and non-compliance may result in penalties.

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