Countdown Starts for NYC Businesses Required to Post Salary Ranges on Job Ads
Mayor Eric Adams signs law delaying pay transparency rule to Nov. 1
Eric Adams
Photographer: Lauren Justice/BloombergNew York City started the countdown for the business community to tear away the veil that can obscure pay practices when Mayor Eric Adams signed a controversial new law that will require salary ranges to be posted for every new job ad. It’s the first big US city to do so.
The measure signed on Thursday, initially passed under former Mayor Bill de Blasio, survived an aggressive push by business leaders to delay its implementation and limit the scope of jobs and number of businesses that would have to comply.
“As New York City goes, so goes the nation,” said City Council Member Justin Brannan of Brooklyn, who joined the mayor at a bill-signing ceremony at City Hall.
Business advocates posited that the rules were pushed through without their input under a previous City Council and argued the requirements would burden small businesses and exacerbate an already tight labor market.
The new City Council, which took over on Jan. 1, kept the rule in place but allowed a delay for six months. Amendments also provided had some assurances that the city wouldn’t fine companies for initial violations and enacted limits on certain lawsuits. The new requirements will take effect Nov. 1.