New York Will Require Employers To Disclose Wage Ranges For All Marketed Jobs And Promotions – Worker Advantages & Compensation


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Key Takeaways:

  • Efficient September 18, 2023, employers and employment companies
    will probably be required to record the wage or wage vary, and job
    description, for all marketed jobs, promotions, and switch
    alternatives that may be carried out in New York State.

  • The brand new regulation additionally requires employers to maintain and keep
    information regarding the compensation historical past for every job,
    promotion, or switch alternative, and a job description for such
    positions if one exists.

  • Prematurely of the efficient date, employers ought to evaluation their
    hiring and pay practices, in addition to their recordkeeping practices,
    to make sure compliance with the brand new regulation.

On December 21, 2022, New York Governor Kathy Hochul signed a
statewide pay transparency measure into regulation. The brand new regulation, which
goes into impact on September 18, 2023, requires coated employers
and employment companies to record the wage or wage vary, and job
description, if one exists, for all marketed jobs, promotions,
and switch alternatives that may be carried out, no less than partially,
in New York State. It additionally requires coated employers to maintain and
keep information regarding the compensation historical past for every job,
promotion, or switch alternative, and a job description for such
positions if one exists. Employers that fail to adjust to these
necessities could also be topic to civil penalties.

The brand new regulation applies broadly to all employers in New York State
that make use of no less than 4 employees. Nevertheless, the regulation excludes from
the definition of “employer” short-term assist companies that
rent their very own workers to work for different organizations.

The brand new regulation, which is designed to handle race- and gender-based
pay disparities, follows an analogous measure handed in New York Metropolis
that went into impact in November 2022. That regulation equally requires
employers and employment companies to reveal wage ranges when
promoting job positions that will probably be carried out no less than partially
in New York Metropolis.

Whereas the regulation doesn’t go into impact for roughly 9 months,
there are steps employers ought to think about taking to organize. First,
employers ought to evaluation their recordkeeping practices to make sure
that they adjust to the necessities established by the brand new regulation.
Additional, they need to start to evaluate the wage ranges for the
positions inside their organizations in order that they’ll readily
embrace this info in postings when the regulation goes into impact
later this 12 months.

The content material of this text is meant to supply a basic
information to the subject material. Specialist recommendation must be sought
about your particular circumstances.

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