A new law in New York City will require employers and hiring managers to include salary ranges for all job postings and advertisements.

The law, which was adopted on Jan. 15, is set to go into effect on May 15, and will be applicable to all employers with four or more employees. The goal of the regulation is to encourage pay transparency and lessen the gender pay gap by requiring employers to list the minimum and maximum salary that they would pay for each new position or internal transfer. READ MORE