Need to fill a job? Cities, states may soon require you to post salary range - Phoenix Business Journal

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Most people want to know how much a job pays before they decide whether to apply, and companies should get ahead of the trend before cities and states pass laws to force pay transparency.

has several advantages, but perhaps it becomes most pertinent to existing workers in companies who will be able to compare their salaries with new employees coming in to perform similar functions.

The biggest hurdle for employers is that people already working in the company could lose trust in managers after realizing they have been underpaid all this time. , women earned 84 percent of what men earned in 2020. Numbers were even more lopsided when it came to women of color.of 2,000 employees found that 98 percent of job seekers in New York City want to know a position’s salary before they apply. Global employment website Monster reported in a survey that 98 percent of applicants want employers to disclose salary ranges in job postings.

 

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New York City employers are now required to list salary ranges in their job posts. Here's how that will affect candidates and companies.Starting today, NYC employers with four or more employees must list 'good faith' salary ranges on job ads, promotions, and transfer opportunities.
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