As we detailed in a recent Thomson Reuters article, wage transparency laws have become the latest trend in US workplace-related legislation. Such laws have, to date, been enacted in noteworthy locales such as California, Colorado and New York City. On December 21, 2022, New York State became the latest jurisdiction to adopt a wage transparency law.
The new law requires that virtually every job, promotion or internal transfer opportunity that is advertised by an Empire State business include the compensation or a “range of compensation” for such job, promotion or transfer opportunity. The law defines “range of compensation” as “the minimum and maximum annual salary or hourly range of compensation for a job, promotion or transfer opportunity that the employer in good faith believes to be accurate at the time of the posting of an advertisement for such opportunity.”
