(WNY News Now) – New York’s pay transparency law, requiring employers with four or more employees to disclose compensation ranges in job advertisements, took effect on Sunday, September 17, 2023 promoting fairness and equity in the workplace.
N.Y. – Employees celebrated the implementation of New York’s pay transparency law, which went into effect on Sunday. The legislation, signed by Governor Hochul last year, mandates that all businesses across the state with four or more employees must include compensation ranges in job, promotion, and transfer opportunity advertisements.
New York State Department of Labor Commissioner Roberta Reardon highlighted that this law symbolizes fairness, empowerment, and recognizing individual worth, fostering a culture of equity in the workplace.
The law applies to opportunities performed, at least in part, within the State of New York, including remote or telecommuting positions that report to a New York-based supervisor. Employers must provide minimum and maximum annual salary or hourly compensation ranges, acting in good faith. They must also specify if a position is commission-based.
To assist businesses, workers, and job seekers, the NYSDOL has published a pay transparency fact sheet and FAQ document on their website. Proposed regulations for the law were published on September 13, 2023, with a 60-day public comment period.
As part of its public outreach campaign, NYSDOL aims to educate 500,000 businesses, workers, and job seekers. They will also monitor compliance patterns in different industries and regions to ensure fair practices are upheld statewide.