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New York City Salary Transparency Law Takes Effect Today

New York City Salary Transparency Law Takes Effect Today

Covers NYC employers with at least four employees or nationwide employers with at least one employee working in the city

Today, November 1, 2022, all New York City-based employers with at least four employees or domestic workers or nationwide employers with at least one employee working in the City, must abide by the New York City Salary Transparency Law.

Covered employers must include base salary information on all job advertisements. Employers may provide either a fixed amount such as $30 an hour or a minimum and maximum such as $40,000 to $50,000. The law, unlike Colorado, does not require the description of benefits, bonuses, commissions, or other compensation.

For more details about the new law, read our previous OutSolve blogs:

 

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OutSolve’s Take 

For clients who wish to take preventive measures to evaluate their pay practices, OutSolve’s Pay Equity Analysis Services are available. Additional information on OutSolve’s Pay Equity Analysis or other compliance services may be obtained at info@outsolve.com or by calling 888-414-2410.

 

 

OutSolve

Founded in 1998, OutSolve has evolved into a premier compliance-driven HR advisory firm, leveraging deep expertise to simplify complex regulatory landscapes for businesses of all sizes. With a comprehensive suite of solutions encompassing HR compliance, workforce analytics, and risk mitigation consulting, OutSolve empowers organizations to navigate the intricate world of employment regulations with confidence.

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