The mandate will come into force in April and will apply to employers with more than four employees, but excludes temporary recruitment companies.
“Our new law shines a light on pay inequality,” Helen Rosenthal, a former city council member and sponsor of the bill, told CNN in a statement. “Including pay scales in job postings allows job seekers to determine whether they will be able to support themselves and their families when they apply for a job.”
Failure to post minimum and maximum wages will be considered an “unlawful discriminatory practice” under the city’s human rights law and could result in a fine of up to $125,000.
Beverly Neufeld, president of PowHer New York — a nonprofit focused on women’s economic equality that worked with Rosenthal on the legislation — called it “a concrete step to eliminating the causes of unequal pay. “.
“This transformative law will minimize bias, maximize transparency, shift cultural norms and level the playing field,” she said in a statement.
The pay scale legislation passed the city council last month by a vote of 41 to 7. Mayor Eric Adams had until midnight Friday to veto the bill to prevent it becoming law.
Republican Councilman Joe Borelli, the minority leader, voted against the bill and called it “unnecessary interference” in a contract negotiation.