Pay Transparency Law Takes Effect September 17
Beginning September 17, 2023, all New York employers with at least four employees, and most full-time employment agencies, must disclose the minimum and maximum annual salary or hourly range of compensation for advertised jobs, promotions, or transfers.
The Pay Transparency Law (PTL) covers both internal and external job postings. Many employers have wondered if the law will apply to postings seeking remote workers. The answer is yes. The PTL will also apply to not only those workers that work remotely within New York State, but also to employees out of state working remotely who report to a boss working within New York.
Under the PTL, the employer must make such salary disclosures based on the employer’s good faith belief in the accuracy of the information disclosed at the time the advertisement is posted.