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New York City became the latest jurisdiction to tackle wage inequality on Saturday, with employers required to include specific salary ranges beginning in April, CNN reports.
The big picture: States such as Colorado, Connecticut, Nevada, Rhode Island and more have all enacted legislation that requires employers to include specific salary ranges on job postings.
- The median salary for men was 18% higher than it was for women in 2021, according to PayScale.
Details: The City Council passed the law last month, and Mayor Eric Adams had until Friday to veto the bill.
- The mandate applies to employers with more than four employees but doesn't include temporary hiring firms, per CNN. Not posting a salary range is considered an "unlawful discriminatory practice" and may result in a fine of up to $125,000.
- "Our new law shines a light on pay inequity," Helen Rosenthal, a former City Council member and sponsor of the bill, told CNN in a statement. "Including pay ranges in job postings allows job seekers to determine whether they will be able to support themselves and their family when they apply for a job."
But, but, but: Republican council member Joe Borelli, the minority leader, called the bill "an unnecessary interference" in a contract negotiation, according to CNN.
- "This smacks as something someone who never has run a business would support," he said.