This criticism has led the city to postpone the start date to November from May and make some adjustments, including lifting the fine for a first-time offense; Subsequent offenses, however, can cost up to $250,000. The new law will be enforced by the city’s human rights commission.
Will the companies comply?
Many large companies working in the financial and technology fields have already updated their job postings to be compatible. And some companies have gone even further, like Citigroup, which this month added salary information to all of its US slots, not just those in New York City, where the bank is one of the city’s largest private employers.
Changes were reflected in active employment opportunities. In Citigroup, a First Assistant At bank offices in New York City you can earn more than $125,000 annually. a boss On American Express, you’ll make at least $130,000. and software engineer On Amazon you can get a salary of up to $213,800.
Earlier this year, real estate company Zillow, as well as the New York City real estate listing site StreetEasy, began including salary information for job openings in the city, the company said. One recent listof a Director of Strategic Communications at StreetEasy, offered a salary of at least $99,300.
A Citigroup spokeswoman said the bank has added salary ranges not just for jobs in New York City but across the country as part of the company’s initiative focused on pay equity and employee retention.
“This initiative supports our equal pay goals and reinforces several core principles such as being more transparent as an organization and streamlining our operations,” the spokeswoman said.
Many large companies may follow the Citigroup path and add salary ranges to all jobs in the country, said Glenn Grindlinger, employment attorney at Fox Rothschild. He said doing so would ensure compliance with New York City law, which also covers remote jobs that can be performed in the city.
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