Increased pay transparency under proposed bill: What is means for NYers

4 months ago 26

NEW YORK (PIX11) – A new proposal may help improve pay transparency for job seekers and employees.

The proposed City Council bill would require employers to clarify how they determine the pay range for an open position. Employers who offer a salary outside of the posted range would also have to provide a written record of their reasons for doing so.

More Local News

If passed, job listings would have to provide information such as opportunities for promotion or transfer along with potential for bonuses. 

For those already working, the bill would require companies to disclose compensation information to current employees for open positions similar to the employee’s role.

Councilmember Selvena N. Brooks-Powers, who penned the proposal, says its part of the Council’s efforts to curb wage disparities based on age and gender.

According to the New York Department of Labor, women in New York State earned 87.5 cents for every dollar earned by men in 2022. 

The gap also widened with age with women aged 25-years-old to 34-years-old making 94.9 cents for every dollar of their male counterparts in 2022. Women 65-years-old and older made 79.1 cents for every dollar a man makes.

Dominique Jack is a digital content producer from Brooklyn with more than five years of experience covering news. She joined PIX11 in 2024. More of her work can be found here.

Article From: pix11.com
Read Entire Article



Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request