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New Pay Transparency Act

Did you know that ... The New York State Pay Transparency Act is in effect as of September 17, 2023

From the NYS Department of Labor, as of September 17, 2023, New York State businesses with four or more employees are required to list compensation ranges for designated job opportunities, promotions, and transfers. These ranges consist of the minimum and maximum annual salary or hourly compensation believed to be accurate at the time of posting. Employers must also clearly state if a position is commission-based, and prohibits employers from retaliating against employees who discuss their compensation with coworkers.

The legislation underscores New York's commitment to addressing wage disparities and promoting transparency in compensation practices across the state. It ensures that employees have access to vital compensation information, and empowering them to make informed decisions about their careers.

Learn more at https://dol.ny.gov/pay-transparency