New York City Council Proposes Amendment to Pay Transparency Law
On March 24, 2022, New York Metropolis Council customers Nantasha M. Williams and Justin L. Brannan introduced Int. 134, a invoice that would change New York City’s impending spend transparency regulation. As we previously noted, starting on May possibly 15, 2022, all New York City companies must state the bare minimum and optimum wage related with an marketed “job, marketing, or transfer opportunity,” both internally and externally (the “NYC Fork out Transparency Law” or the “Law”). Int. 134 proposes specific alterations and clarifications to the NYC Pay Transparency Law that might have an affect on employers’ compliance measures.
First, though the NYC Pay out Transparency Law states that employers need to include things like a position’s “minimum and highest salary” in an ad, Int. 134 clarifies that the Law applies equally to hourly and salaried positions. Int. 134 also carves particular ads out of the NYC Shell out Transparency Law’s reach. Importantly, Int. 134 states that the Legislation would not use to adverts for positions that are not expected to be done in New York City, which means that adverts for distant positions or ads posted by New York Town-dependent employers for roles in other locations would not need to have to include compensation facts. Int. 134 would also exempt commercials that basically state that an employer is hiring, devoid of specifying a place, from coverage. Lastly, Int. 134 would shift the NYC Spend Transparency Law’s powerful date from Could 15, 2022 to November 1, 2022, supplying businesses additional time to plan to comply.
Int. 134 will now be regarded as by the complete New York Metropolis Council, and would consider influence instantly if permitted. We will proceed to keep an eye on any new developments and present updates as they turn out to be offered.