New York Adopts Pay Transparency Law for Job Postings

Author: The Black Jew Wealth Coach

Key Points

• New York becomes the latest state to implement pay transparency law
• Employers now required to disclose salary range in job postings
• Increased transparency aims to reduce pay disparities and discrimination
• Similar laws have been enacted in California, Colorado, and Nevada

Closing Thoughts

As New York becomes the latest state to adopt pay transparency laws, employers are now required to disclose the salary range in their job postings. This new legislation aims to address pay disparities and reduce discrimination by providing job candidates with a clear understanding of the compensation being offered for a specific role. As we see such measures being implemented in numerous states like California, Colorado, and Nevada, it is apparent that the importance of pay transparency and equity is gaining traction across the nation. It will be interesting to see how this development affects job markets and the overall employment landscape in the coming months and years.

Original article:https://www.cnbc.com/2023/09/18/why-pay-transparency-is-on-the-rise-for-jobseekers.html