Some Companies Opt for Lame Loophole Under NYC's New Pay Transparency Law | Instead of earnestly complying with the simple directive, many New York job postings now feature absurdly broad salary ranges.

TL;DR

That’s right, Citi bank is hiring a New York, New York-based “client service officer” and for at least a few hours on Tuesday, the role was advertised as either entirely unpaid or as coming with enough compensation to instantly catapult oneself into the mythic one percent.This effort aligns with legislative requirements in some U.S. markets but goes beyond those requirements to ensure consistency and transparency across the country.But even with the corrected numbers on the client service officer job posting, something doesn’t quite add up.Where good faith means “the salary range the employer honestly believes at the time they are listing the job advertisement that they are willing to pay the successful applicant(s).” The rule applies uniformly to both internal postings and to public digital platforms like LinkedIn and Indeed.Citigroup was just one of multiple employers to apparently stretch their interpretations of “good faith.”As Victoria Walker, a freelance travel reporter, first pointed out on Twitter many job listings based in New York City now come with absurdly wide salary ranges included in the postings."

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