NYC's New Pay Transparency Law Could Help Close Racial and Gender Pay Gaps

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Date: 

November 2, 2022

The new NYC Salary Transparency Law (Local Law 32) went into effect on November 1st, requiring that all employers with four or more employees to post a good faith salary range in advertisements for new jobs, transfers or promotion opportunities for any position that can be carried out in New York City.

 

"According to Seher Khawaja, senior attorney for economic empowerment at Legal Momentum, the new law makes companies accountable for ensuring their employees are paid fairly.

“It puts their feet to the fire to think about how they’re setting pay and to avoid discriminatory practices that were working their way in previously,” Khawaja said."