Assemblyman Paul Moriarty is sponsoring a bill that would require New Jersey employers to disclose salary ranges on job postings for businesses with five or more employees. The measure would also require businesses to include what promotional opportunities are associated with the job listing. If the bill becomes law, New Jersey would become the sixth state in the country to mandate pay transparency.
“I think it’s a big waste of time for job seekers and businesses to go through the application process, the interview process, maybe a second interview only to get to a point where you discuss salary and find out you’re miles apart from your expectations,” said Moriarty (D-Gloucester).
Some concerns have been raised that the mandate could lead to unintended issues, like opening employers to litigation by employees if the salary range is improperly listed.
Alexis Bailey of the NJBIA (New Jersey Business & Industry Association), called for a wait-and-see approach. “We understand that this is a national trend and that the Legislature wants to try to address this issue on a pay equity standard. We are just recommending that we proceed with caution right now just because we see that in a lot of other states, sometimes the pay range is very wide for various reasons,” Bailey said.
