Many employers will soon have to advertise salary thanks to two new laws | CNN Business

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Many companies still do not advertise what they pay up front. Two new laws that will soon take effect in New York and California could have the biggest impact yet on employers and job seekers across the country.

Next week, job seekers will start to get a much better grasp on what many employers are willing to pay – and so will a company’s existing employees. On November 1, New York City will require employers that have four or more people on the payroll – with at least one of them working in the city – to provide a “good faith” pay range listing the minimum and maximum base salary or hourly wage in all job advertisements.

“A personal outreach, [such as] a phone call or a conversation would not be covered as it is not a written advertisement,” said attorney Carol Goodman, a partner at Herrick, Feinstein LLP. But, she added, it’s not clear whether a personal outreach by letter or email would require disclosure.

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I agree with that!.

I love my employees so much there is no limit to their salary..what to do?

So even more people can not apply because you know...its work.

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