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New York City delays start of law requiring salaries in job advertisements

29 Tháng Tư 2022
New York City delays start of law requiring salaries in job advertisements © Reuters. FILE PHOTO: A "Now Hiring" sign is posted on a Verizon store in Manhattan in New York City, U.S., May 10, 2016. REUTERS/Brendan McDermid/File Photo

By Jonathan Allen

NEW YORK (Reuters) - The New York City Council voted on Thursday to delay its new pay transparency law by six months to Nov. 1, when employers will be required to include salary ranges in job advertisements.

The law, passed in January, is intended to close wage gaps in which women and non-white employees are paid less than white men. Some businesses had argued the city needed more time to advise more than 200,000 businesses affected by the law about compliance and to address unintended consequences.

"Salary transparency is incredibly critical in ensuring that we are closing the wage gap," Council Member Nantasha Williams said in a statement about amendments to the law including the delay.

In 2019, the most recent year for which data is available, the median earnings in New York State for men working full-time was $60,813, nearly $9,000 more than the median earnings for women of $51,922. A 2021 study of New York City municipal employees found that the median white employee's salary was $27,800 higher than a Black employee's salary and $22,200 higher than a Latino employee's salary.

The city's five chambers of commerce said local businesses supported the goals of the law but called for more time before enforcement began.

Some business leaders said in an open letter the law may make it harder for small businesses owned by women and members of minority groups to attract talented candidates if wealthier employers could outbid them after seeing their salary offer.

"As a woman, yeah, I want to be paid the same as a man," Lisa Sorin, president of the Bronx Chamber of Commerce, said in an interview. "But will you limit the (pool of) potential candidates if I can't pay as much as somebody else?"

The law is similar to state transparency laws in California and Colorado.

New York City's amended law applies to employers with four or more employees and to both hourly wage earners and workers on annual salaries, so long as the job is performed at least partly in the city. The council rejected business leaders' efforts to exclude many smaller employers.

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24-05-2022 00:28:53 (UTC+7)

EUR/USD

1.0676

+0.0116 (+1.10%)

Summary

Buy

Moving Avg:

Buy (7)

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EUR/USD

1.0676

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Buy

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GBP/USD

1.2565

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Neutral

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USD/JPY

127.79

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AUD/USD

0.7097

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USD/CAD

1.2801

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EUR/JPY

136.43

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EUR/CHF

1.0322

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Gold Futures

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Silver Futures

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Copper Futures

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Crude Oil WTI Futures

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Natural Gas Futures

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US Coffee C Futures

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Euro Stoxx 50

3,708.39

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S&P 500

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DAX

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FTSE 100

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20,470.06

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US Small Cap 2000

1,787.80

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8,625.80

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49.735

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Bayer AG NA

64.47

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Allianz SE VNA O.N.

199.38

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Adidas AG

175.48

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Deutsche Lufthansa AG

6.903

+0.051 (+0.74%)

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Siemens AG Class N

116.70

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10.018

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 EUR/USD1.0676Buy
 GBP/USD1.2565Neutral
 USD/JPY127.79↑ Sell
 AUD/USD0.7097Neutral
 USD/CAD1.2801Buy
 EUR/JPY136.43Neutral
 EUR/CHF1.0322↑ Buy
 Gold1,847.12↑ Sell
 Silver21.733Buy
 Copper4.3245Sell
 Crude Oil WTI109.89Sell
 Brent Oil110.22Buy
 Natural Gas8.598↑ Sell
 US Coffee C215.72Neutral
 Euro Stoxx 503,708.39↑ Buy
 S&P 5003,956.48↑ Buy
 DAX14,175.40↑ Buy
 FTSE 1007,513.44↑ Buy
 Hang Seng20,470.06Neutral
 Small Cap 20001,787.80↑ Buy
 IBEX 358,625.80↑ Buy
 BASF49.735↑ Buy
 Bayer64.47↑ Buy
 Allianz199.38↑ Buy
 Adidas175.48↑ Buy
 Lufthansa6.903Neutral
 Siemens AG116.70↑ Buy
 Deutsche Bank AG10.018↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,890/ 6,990
(0/ 0) # 1,765
SJC HCM6,905/ 6,995
(0/ 0) # 1,769
SJC Hanoi6,905/ 6,997
(0/ 0) # 1,771
SJC Danang6,905/ 6,997
(0/ 0) # 1,771
SJC Nhatrang6,905/ 6,997
(0/ 0) # 1,771
SJC Cantho6,905/ 6,997
(0/ 0) # 1,771
Cập nhật 24-05-2022 00:28:55
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ↀ Giá vàng thế giới
$1,847.79+1.970.11%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V31.25031.870
RON 95-III30.65031.260
E5 RON 92-II29.63030.220
DO 0.05S25.55026.060
DO 0,001S-V26.35026.870
Dầu hỏa 2-K24.40024.880
ↂ Giá dầu thô thế giới
WTI$109.79+0.740.67%
Brent$112.71+0.280.25%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.005,0023.315,00
EUR23.899,8625.238,69
GBP28.277,1029.483,51
JPY176,47186,83
KRW15,8019,25
Cập nhật lúc 18:52:02 23/05/2022
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