Starting June 1, 2025, New Jersey employers with 10 or more employees will be required to disclose salary ranges and benefits in all job postings, both internal and external. Signed into law by Governor Phil Murphy on November 18, 2024, this legislation will help to promote and support pay equity and transparency in the workplace.
Pay Transparency Requirements
Employers must disclose the range or set hourly wage or salary in addition to a general description of benefits and other compensation programs in job advertisements, externally or internally posted. It does not, however, prohibit the increase of wage, benefits, or compensation at the time of the offer of the position.
Covered Employers
The law applies to employers with 10 or more employees working at least 20 calendar weeks in New Jersey. This includes private companies, public entities, and employment agencies.
Non-Compliance Penalties
If an employer fails to comply with the pay transparency requirements, they may face a fine of $300 for the first violation and $600 for each subsequent violation.
Next Steps
In preparation for the June 1 effective date, employers should review their current job listings and advertisements to ensure compliance. Whether it is listed on the company’s page or a third-party agency, all posts must be updated. For those of your staff that are involved in the recruitment process, training sessions may be necessary to help provide guidance for the new procedures. If you are unsure about your compliance, seek guidance of an experienced advisor.
Make sure you stay up-to-date with the latest updates that affect your business by utilizing the Human Resources services from Abacus Payroll. Get in contact with an Abacus Payroll advisor to learn more and get started today.