What businesses should know about the new law requiring salaries in job ads

A big change is coming: New York City employers have until mid-May to prepare for a local law that requires all job postings to include a salary range.

The law could provide a boost for the cause of pay transparency in the U.S., bringing salary disclosure to millions of private-sector jobs and some of the world’s largest companies.

“This is a fairly seismic change,” said Mark Goldstein, an employment lawyer with Reed Smith in Midtown. “I don’t have that many clients, frankly, who are already putting the salary range in job postings —it is often dependent on a whole host of factors.”

The bill has prompted a flurry of

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