Mar 07, 2023

Wage Transparency in Job Ads: A New Trend?

Employers have to abide by a variety of federal, state and local rules when hiring, and more rules may be coming; California and New York City are mandating additional job ad information. Read on to see what the future of job ads may involve.

 

Starting Nov. 1, 2022, according to a government fact sheet, "employers advertising jobs in New York City must include a good faith salary range for every job, promotion, and transfer opportunity advertised." The new law applies to all employers that have four or more employees or one or more domestic workers. Owners and individual employers count toward the four employees. The four employees do not need to work in the same location, and they do not need to all work in New York City. As long as one of the employees works in New York City, the workplace is covered.

Employment agencies are also covered by the new law, regardless of their size, according to the fact sheet. "As such, employment agencies must ensure that any job listings they promote or seek to fill comply with the new salary transparency requirements."

There are many other provisions; affected businesses should get expert advice.

On the West Coast, too

The state of California has passed a similar law, which took effect on Jan. 1, 2023. Since the Golden State is home to large and well-known companies such as Google, Apple, Disney and Meta, this could be a bellwether of change.

According to the bill text, the law requires an "employer, upon request, to provide to an employee the pay scale for the position in which the employee is currently employed." In addition, the law requires  an employer with 15 or more employees to include the pay scale for a position in any job posting. Companies must maintain records for state inspectors. The law also applies to any third-party companies hired to post a job ad. As with New York City, the many complex provisions make engaging an expert necessary.

Proponents argue that wage transparency laws such as these help close racial and gender pay gaps.

Are you affected by such laws? These are the two most recent jurisdictions to enact such laws, but not the only ones. Work closely with legal and HR experts to make sure you're aligned not only with the law but also with best practices generally.

©2023


 

MORE RECENT NEWS…


Nov 22, 2024

IRS Adjusts HSA Amounts

In a recent revenue procedure, the IRS announced changes to health savings accounts for 2025. Now is a good time to look at your situation and consider your options. Click through for a review of the changes.


Nov 21, 2024

Creating a Payroll Continuity Plan

When a disaster strikes, it's critical to have a payroll continuity plan — a document outlining the steps necessary to manage payroll through disruption. Click through to learn how to create a multitiered plan that prepares your organization for many possibilities.


Nov 20, 2024

IRS Announces Retirement Plan Changes

Cost-of-living adjustments affect dollar limits for pension and other retirement-related items for tax year 2025—and your contribution to such accounts increases. Click through to see the IRS stipulations regarding specific retirement programs.


Nov 19, 2024

Preparing for the 2024 Tax Season

Between changes to current tax law and uncertainty about how a new president will influence future tax law, planning for the 2024 tax season is challenging. Click through for tips on staying on top of current and proposed tax legislation.


Nov 18, 2024

Federal Court Strikes Down Overtime Rule

With a November 2024 decision that overturns major employment changes announced in April 2024, a federal court has ruled against the Department of Labor. Click through for a review of the current overtime status in the wake of this decision.


Oct 24, 2024

COBRA: What's Your Responsibility?

As an employer, you should be familiar with which employees are eligible for continuation of health insurance benefits under federal law and what events trigger that coverage. You should also know what kinds of communications are required and when. Read through to learn more.




More News & Press can be found in our Archive.