Companies in New York City will be required to list the approximate minimum and maximum salaries whenever they post a job opening.
Under the new law, companies will be required to list the approximate minimum and maximum salaries whenever they post a job opening.The law was originally supposed to go into effect in May but it was delayed to give companies more time to comply with the rules.
Seven states have started requiring employers to disclose salary information to job-seekers in some circumstances. New York City's new law applies to employers with four or more workers. That amounts to about 1/3 of employers but roughly 90% of workers in the city, according to state Labor Department statistics.
The law says any job notice — from an online ad to an internal company bulletin board — must give the minimum and maximum pay the employer "in good faith believes" it will pay. There's no limit on how wide the range can be, nor a prohibition on deviating from it if the "good faith" plan changes.
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