New York City Council's pay transparency law will take effect from May 15. But pushback from big organizations and a proposed amendment could create loopholes, limiting its scope.
The amendment could even delay the enforcement till November.
According to the law, every job posted by an employer should list the minimum and maximum salary pay range for the position. However, even a small alteration could affect the law in a manner right now unforeseen, and can even reduce the law’s potency.
Statistics
According to Forbes, for every dollar earned by a man, a woman takes home 82 cents, and a Black woman takes home 63 cents.
An average white employee in New York City earns $27,800 more than a Black employee and $22,200 more than a Hispanic/Latino employee.
