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NYC Aims to Close Stubborn Gender Pay Gap With Salary Disclosure

Feb. 3, 2022, 3:00 PM

New York City is betting that publicly showcasing salaries will narrow its gender wage gap. Women working year-round and full-time in the world’s leading financial center took in only 85 cents for every dollar their male colleagues earned in 2019, according to Census data.

Starting on May 15, New York City will require all job postings to list the minimum and maximum salary for each position. The rule applies to jobs that are remote or in-person, salaried or hourly, that will be performed in the city by an employee working for a company with four or more employees.

Until recently, that sort of pay detail ...