New York City new pay transparency law went into effect Nov. 1, which means job seekers — and anyone else curious — can find out how much money some of the world’s best companies are offering their employees.
By law, companies hiring in New York must post “good faith” pay scales which include minimum and maximum salaries for all job offers, promotions and transfer opportunities.
If a company does not have its ranges listed and they are reported, it will have 30 days from receipt of a notice from the New York City Commission on Human Rights, which enforces the law. , to update her job postings or she could be fined up to $250,000 per violation, CNBC Make It’s Jennifer Liu reports.
While some large companies started including their pay scales on job postings before the November 1 deadline, other employers appear to have blocked or appear to be testing the “good faith” part of the law by posting what many workers consider to be salary ranges that are too wide.
For example, the minimum and maximum base salaries for a corporate planning manager job at Google are separated by nearly $100,000. In the job posting, Google notes that the salary range reflects “the target minimum and maximum new hire salaries for the position across all U.S. locations,” adding that an individual’s salary is ultimately determined by work location and additional factors including skills, experience and education.
Here’s a sample of what some of New York’s top companies are offering to pay new hires, starting Friday morning:
Google began posting salary ranges alongside all company job postings in the United States on Nov. 1, a Google spokesperson confirmed to CNBC Make It.
A ad privacy specialist at Google working in New York can expect to earn a base salary between $135,000 and $209,000, plus a bonus and other perks, while a revenue specialist can expect to earn a base salary between $103,000 and $157,000.
A senior product manager at Amazon working in New York can expect to earn a base salary between $121,000 and $235,200, while a corporate legal counsel can expect to earn a base salary between $172,000 and $190,000.
Both job descriptions state that salaries are based on a “number of factors”, including location, and “may vary depending on job-related knowledge, skills and experience”.
For a applied AI analyst, the base salary listed is $90,000. “At Deloitte, it is not typical for someone to be hired at the top or near the top of the line for their role and compensation decisions depend on the facts and circumstances of each case,” the offer says. ‘use.
A consultant health care team member can expect to earn $105,000.
Whereas select New York-based job postings on the Deloitte careers website include a minimum and maximum salary range, others only include a single figure for the estimated salary.
Starting Nov. 1, all new job postings in the United States will include salary ranges, an IBM spokesperson confirmed to CNBC Make It. The tech giant is adding pay scales to all active New York-based job postings that were posted before November 1.
A senior consultant working in New York can expect to earn between $95,620 and $177,580, while a legislative affairs analyst working in Ithaca or Colorado can expect to earn between $63,000 and $97,000.
Twitter has established salary levels for all of his US-based roles, which dictate the pay range for each job based on the cost of living and working in the city where he is listed.