New Laws Forcing Employers to Advertise Salary

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Job hunting is getting a major upgrade. New laws are requiring employers to show pay ranges on job listings aimed at improving pay 1transparency.

¡°This, this is huge. It should go further. It should be all jobs.¡±

New York City is now requiring companies with four employees or more to show the money up front. Listing the 2salary or 3hourly wage range for any job posting or promotion that can be performed in NYC, meaning even if it¡¯s a 4remote job, employers must 5comply. Civil Rights Attorney Nancy Smith says wage transparency is a major step toward closing the 6wage pay gap in the US and says the change will 7impactwomen and 8people of color the most.

¡°94% of jobs have a wage pay gap and still in 2022 women make 83 cents on the dollar.¡±

Colorado put a law like this on the books last year. And in California, a similar law 9goes into effect on January 1st for employers with at least 15 employees. Experts say the new laws will be far reaching since they affect two of the most populous areas in the US which have many remote workers. Experts saying existing employees will be able to use the laws as a 10bargaining tool and 11advocate for themselves if they¡¯12re underpaid.

¡°It¡¯s an inspiring time to look at the candidate behavior. And I think it¡¯s a frightening time for employers because many are not prepared for that 13power shift.¡±

Meanwhile, a few other states, like Rhode Island and Maryland, have legislation that requires employers to provide salary ranges upon request.