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Salary Transparency Law Takes Effect In NYC

Beginning on Tuesday, most businesses in New York City will be required to post a salary range for all new job postings.

The goal is to close the gender and racial pay gap.

ā€œThe bills we are signing today underscore our commitment to delivering for underserved communities, while promoting greater transparency for employees throughout the city,ā€ Mayor Adams said when he signed the measure into law.

Critics are worried the law will create awkwardness and jealousy in workplaces.Ā That’s because co-workers will now know the approximate salary of the new hires.

Photo Credit: Getty Images


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