PAY TRANSPARENCY LAWS - NYC

Understanding New York's Pay Transparency Law 💼

On September 17, 2023, New York State’s Pay Transparency Law came into effect, bringing significant changes to how employers post job opportunities. This new law requires employers with four or more employees to disclose salary ranges for jobs, promotions, and transfers that are performed within the state, including remote roles connected to New York-based offices.

🔑 Key Takeaways:

Who’s Covered: Employers with 4+ employees, covering in-state and remote jobs tied to NY-based offices.
What’s Required: Employers must post a minimum and maximum salary range, along with a job description (if available).
Record-Keeping: Employers must maintain records of job descriptions and compensation history.
Penalties: The NY State Department of Labor (NYSDOL) is enforcing this law, and employers who fail to comply may face fines.
The law aims to promote fairness in hiring and reduce pay disparities across the state.

Need help navigating this new law? Contact the experienced attorneys at Outside Legal Counsel LLP to ensure your business stays compliant. We’re here to provide expert guidance on all aspects of pay transparency law. 📞

Disclaimer: This video is for informational purposes only and does not constitute legal advice. This is attorney advertising.

#PayTransparency #NewYorkLaw #SalaryTransparency #HiringLaws #LegalAdvice #OutsideLegalCounsel