Pay Transparency

A business collaborator of mine This email address is being protected from spambots. You need JavaScript enabled to view it., shared this informative piece with me and I want to pass it along to all of you.

As of November 1st, the Pay Transparency Law affecting New York City's roughly 4 million private sector workers is going into effect. Most employers in NYC are now required to list the salary range on all posted job ads and promotion opportunities.

Who This Impacts: Businesses with 4 or more employees (including the owner) where at least one employee is working in New York City whether it is in an office, field based or from the employee's home 

What The Law Requires: Employers advertising jobs in NYC must include the minimum/maximum salary offer

With this being said, it is now more important than ever to ensure that your employee benefits package is appealing to gain and retain your workforce to potential employees as well as recruiters.