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New York City Business Groups Oppose Job Posting Disclosure Bill

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New York City council members debating job posting disclosure legislation

News Summary

New York City Council members are facing backlash from business groups over a proposed job posting disclosure bill, known as Intro 808-B. The legislation aims to enhance salary transparency in job postings but has been criticized by industry advocates for imposing additional burdens on small businesses. Proponents argue it will foster pay equality. The bill is set for a vote in September, and its implications on the local economy continue to be a contentious topic among stakeholders.

New York City – City Council members are facing pushback from various business groups regarding a proposed job posting disclosure bill introduced by Queens Councilwoman Selvena Brooks-Powers. This proposal, known as Intro 808-B, expands on a 2022 law requiring employers to disclose salary ranges in job postings. The new legislation aims to mandate detailed documentation from employers regarding salaries offered outside the listed range and to retain these records for three years.

Industry advocates are voicing concerns that New York City already operates within a heavily regulated business environment, and further legal and regulatory burdens could deter economic activity in the region. Business representatives have expressed that the new requirements might disproportionately affect small businesses, many of which often operate without structured job descriptions or dedicated human resources and legal teams.

The proposed legislation dictates that job postings must clearly include:

  • Job description
  • Promotions or transfer opportunities
  • Benefits available

In addition, any compensation disclosures must outline bonuses, benefits, stocks, options, and equity when applicable. Furthermore, employers would be required to provide compensation information to current employees on an annual basis and upon request for comparable positions.

A coalition of chambers of commerce and prominent industry associations, such as the NYC Partnership, NYS Restaurant Association, Hotel Association of NYC, and the Building Congress, has signed a letter opposing the measure. The letter indicated that the additional regulatory requirements compound existing challenges for businesses operating in NYC. These organizations argue that the new law is an unfunded mandate that could increase litigation costs and complicate the hiring process for employers.

This proposed bill is scheduled for a vote in September, and Brooks-Powers is committed to striking a balance between enhancing pay equity and maintaining clarity for business operations. In response to industry concerns, the bill has undergone several amendments designed to ease compliance, particularly for smaller businesses.

Supporters of the measure highlight the importance of transparency in the job market for fostering pay equality and helping potential employees make informed career decisions. The process to formulate the bill included collaborative input from various stakeholders, with Brooks-Powers acknowledging the contributions made by the Partnership for New York City and other community leaders.

The economic landscape in New York City remains complex, with business advocates warning that any further legislative intrusion may stifle growth, particularly affecting smaller enterprises and nonprofit organizations, which have also expressed opposition to the bill. For many smaller firms, the financial burden of adapting to these new requirements could be prohibitive, potentially leading to reduced hiring or even layoffs.

As discussions continue, stakeholders from both sides of the aisle will need to closely monitor the developments and implications surrounding Intro 808-B. Proponents will advocate for ethical hiring practices and employee transparency, while opponents will seek to prevent additional burdens on employers, reinforcing their nervousness about navigating the already intricate laws governing employment.

The outcome of the upcoming vote in September will likely determine the future job posting regulations in New York City and their wider impact on the local economy.

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STAFF HERE NEW YORK WRITER
Author: STAFF HERE NEW YORK WRITER

NEW YORK CITY STAFF WRITER The NEW YORK CITY STAFF WRITER represents the experienced team at HERENewYorkCity.com, your go-to source for actionable local news and information in New York City, the five boroughs, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as New York Fashion Week, Macy's Thanksgiving Day Parade, and Tribeca Film Festival. Our coverage extends to key organizations like the Greater New York Chamber of Commerce and United Way of New York City, plus leading businesses in finance and media that power the local economy such as JPMorgan Chase, Goldman Sachs, and Bloomberg. As part of the broader HERE network, including HEREBuffalo.com, we provide comprehensive, credible insights into New York's dynamic landscape.

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