Law that takes effect Sept. 17 requires pay transparency for jobs based in New York state — and those that report to a NY manager
Exchange Place near the New York Stock Exchange in New York, US, on Monday, Aug. 28, 2023. Stocks advanced, while bond yields retreated at the start of a week jam-packed with economic reports that will help shape the outlook for Federal Reserve policy. , Bloomberg
The law, signed by Governor Kathy Hochul last December, was modified to leave out requirements for every remote job out of state, but added that pay information be included if the job “will physically be performed outside of New York but reports to a supervisor, office or other work site in New York.” The legislation applies to New York City, which enacted its own pay transparency law last year. That law had no provision for pay transparency for remote workers based on their reporting line.
The New York state law is the latest in a wave of legislation that started in Colorado in 2021 and is now in place in states including Washington, California and Hawaii. Illinois will join them in 2025. The laws aim to make sure people know how much they should be paid for their current job or an open position, especially women and people of color who lag behind White men in pay. In August, half of US job postings on the Indeed Inc.
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