New Jersey Payroll Updates - October 2024
Week Of 10.21.2024
New Jersey's Senate Bill 2310, passed on September 26, 2024, mandates that employers with 10 or more employees include salary ranges and benefits in job postings.
The law, awaiting the Governor's signature, will take effect seven months after being signed and aims to promote transparency in hiring practices. Employers will need to provide either exact wages or salary ranges, along with a general description of benefits for new hires. The law also requires companies to inform current employees about promotion opportunities, with fines for non-compliance starting at $300 for initial violations.
Week Of 10.21.2024
New Jersey Legislation Would Require Employers to Disclose Salary Information in Job Postings
New Jersey is set to join several other states in requiring employers to disclose salary information and benefits in job postings. The New Jersey Legislature passed Senate Bill 2310 on September 26, 2024, which mandates that employers with 10 or more employees include specific compensation and benefits information in both internal and external job listings. This law, awaiting Governor Murphy's signature, will take effect seven months after being signed and aims to promote transparency in hiring practices. In New Jersey, a bill becomes law upon the Governor's signature or after 45 days if no action is taken (if the State House is not in session, the time is extended until it reconvenes). Employers will need to provide either exact wages or salary ranges, along with a general description of benefits for new hires. The law also requires companies to inform current employees about promotion opportunities, with fines for non-compliance starting at $300 for initial violations.
Week Of 10.21.2024
New Jersey Legislation Would Require Employers to Disclose Salary Information in Job Postings
New Jersey is set to join several other states in requiring employers to disclose salary information and benefits in job postings. The New Jersey Legislature passed Senate Bill 2310 on September 26, 2024, which mandates that employers with 10 or more employees include specific compensation and benefits information in both internal and external job listings. This law, awaiting Governor Murphy's signature, will take effect seven months after being signed and aims to promote transparency in hiring practices. In New Jersey, a bill becomes law upon the Governor's signature or after 45 days if no action is taken (if the State House is not in session, the time is extended until it reconvenes). Employers will need to provide either exact wages or salary ranges, along with a general description of benefits for new hires. The law also requires companies to inform current employees about promotion opportunities, with fines for non-compliance starting at $300 for initial violations.