Starting November 1, 2022, New York City employers will be required to include a “good faith” salary range for every job, promotion, and transfer opportunity advertised. This law not only impacts employers physically located in New York City, but also out-of-state employers who advertise a remote position that can be performed within New York City. Failure to comply with this requirement may result in civil monetary penalties up to $250,000.
There are numerous states and local counties that recently enacted similar laws which can be difficult to navigate. Asish Nelluvely of Meltzer, Lippe, Goldstein & Breitstone LLP drafted an in-depth analysis of the wage transparency requirements for not only New York City, but also New York State, Westchester County, Ithaca City, and Albany County. Employers would be wise to review the alert and best practices contained therein, and contact the employment attorneys of Meltzer Lippe with any questions to ensure early compliance with said laws and regulations.