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Tuesday, Jan 31st

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You are here News Economy The big reveal: New laws require companies to disclose pay ranges on job postings.

The big reveal: New laws require companies to disclose pay ranges on job postings.

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New laws require employers to list salary range

Trey Ditto remembers the moment when the salary ranges for his company's positions were revealed. Ditto runs the New York-based firm Ditto PR, which has a few dozen employees, and he published salary ranges on his website. He said the second the information went live, it felt like riding a roller coaster. "You know it's gonna be a little bumpy, but you know it's gonna be alright."

New York City has joined a handful of places, including Colorado, Washington State and Rhode Island, which require some form of salary transparency. In the case of New York City, companies are required to include a salary range when they post a job opening.

Ditto PR was ahead of the curve – Ditto posted company salaries about six months ago. Most New York City companies were not ready for the roller coaster of salary transparency. Although the laws were set to go into effect in the spring, New York companies pushed for more time. The law was pushed back until Nov. 1.

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