In A Big Win For Workers—New York City Will Make It Mandatory For Companies To Disclose Salaries On Job Advertisements

  • 📰 Forbes
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Up until now, the overwhelming majority of companies conveniently left out the salary from their job advertisements

This bill applies to advertisements for both private and public sector jobs, as well as promotions and transfer opportunities.

In a fairly recent new law enacted by a number of states, it was ordered that businesses couldn’t ask a job hunter how much they earn and what was their salary history. Although it's not a law in all states, a significant number of companies based in locations that don’t have to abide by the ruling, voluntarily adhere to this ‘no questions about compensation will be asked’ policy.

Workers will say that by knowing the compensation of co-workers and those at competing firms, it will empower them to take appropriate actions to remedy their pay. With little opaqueness and transparency, it leads to frustration, hurt feelings and beliefs that they’re being taken advantage of or discriminated against.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines