Eight states have adopted pay transparency laws, writes Olivia Chen. Employer requirements vary based on number of employees in those states. As it currently stands, companies subject to pay transparency laws must post a “good faith” salary range, meaning a range that they reasonably expect they will pay for the role. However, that can still be negotiated in either direction based on the candidate.
If you are a company looking to source remote talent from any state subject to transparency laws, you must also include a pay range even if your company isn’t located in that state.”
Source: NerdWallet, May 19, 2023. Link.