Relates to mandatory employer disclosures regarding employee compensation and benefits

Showing the cosponsors who are on Agora, A to Z. The official record may list more.

• Democratic24
• Republican3

This bill has cosponsors from more than one party.

Shown in neutral colors by design; Agora is non-partisan.

◆ The sponsor's argument

Why Jessica Ramos says this is needed

Recently, New York took an important step in the right direction by passing the Pay Transparency Act. By requiring that employers release basic information about salary to their prospective hires, New York made strides in employees with informed choices. But salary isn't the only factor prospective employees need to consider - and it isn't even the only financial one. By mandating that employers provide comprehensive information about compensation, benefits, and other incentives associated with job offers, candidates will be able to make more informed choices about their career paths. Clear and detailed information enables candidates to evaluate which opportunities align with their financial and personal needs, particularly when juggling multiple offers. Understanding specifics about benefit plans, including costs, network options, and medication coverage, will allow candidates to better meet their health needs. Moreover, fostering transparency in the hiring process not only supports job seekers but also encourages employers to present their offers more competitively, ultimately leading to a more equitable and informed work- force. By ensuring that all job candidates have the tools they need to evaluate employment opportunities thoroughly and confidently, we can enhance individual satisfaction and contribute to a healthier job market, benefiting both individuals and the broader economy.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.