In New York State, pay transparency obligations are now in force, bringing with it fresh employer guidelines and drafted regulations from the state Department of Labor. As a consequence of these regulations, as of September 17, 2023, employers will have a new range of responsibilities to uphold.
Included in this is the expectation for employers to disclose in any job, promotion, or transfer advertisement the minimum and maximum annual salary or hourly rate they reasonably expect to offer the prospective employee. This means the rate of pay they believe, in good faith, they will offer the successful candidate at the time of creating the post.
These regulations serve to ensure companies establish candid pay transparency practices, which in turn aims to eliminate pay gaps and inequities in the labor market. This move represents not just a shift for companies in New York, but prompts discussion about similar changes that may be necessary nationwide.
You can read the original guidelines and proposed regulations from the New York state Department of Labor here.