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New York City and Westchester County’s pay transparency laws will take effect Nov. 1 and 6, respectively.

Scott holds an EdD in Organization and Work-Based Learning from the University of Pennsylvania (Wharton School and Graduate School of Education), an MS in Learning Sciences from the University of Pennsylvania, an MA in Labor and Industrial Relations from Michigan State University, and a BA in Organizational Communication from Michigan State University.

The law, which takes effect Jan. 1, 2024, requires employers to disclose an hourly rate or salary range in job postings.

Start Early It is important that employees already have a full understanding of the available benefits package, said Di Holman, chief people officer at Virgin Pulse, especially if new programs have been added or changes have been made.

Figure 1 shows these relationships.

The act was intended to dis- courage financial fraud and better align executive compensation with corporate results.

Employers Are Sweating, Prioritizing Employee Retention;Follow the Money: What Industries, Jobs Have Highest Wage Growth?

An example can be seen in Table 1.

WorldatWork HRCI* SHRM** Credits 1 compensation-domain specific 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.