New York City’s new pay transparency law went into effect on Nov. 1, which means that jobseekers — and anyone else who’s curious — can find out how much money some of the top companies in the world are offering their employees.
Under the law, businesses hiring in New York City must publish “good faith” salary ranges that include minimum and maximum pay for all job postings, promotions and transfer opportunities.
If a company doesn’t have their ranges listed and they’re reported, they’ll have 30 days from receiving a notice from the New York City Commission on Human Rights, which enforces the law, to update their job postings, otherwise they could be fined up to $250,000 per violation, CNBC Make It’s Jennifer Liu reports.
While some major companies began including their pay ranges on job postings prior to the Nov. 1 deadline, other employers appear to have stalled or seem to be testing the “good faith” part of the law by posting what many workers see as overly broad salary ranges.
For instance, the minimum and maximum base salaries for a business planning lead job at Google are almost $100,000 apart. In the job ad, Google notes that the salary range reflects “the minimum and maximum target for new hire salaries for the position across all U.S. locations,” adding that an individual’s pay is ultimately determined by work location and additional factors including skills, experience and education.
Here’s a sampling of what some of the top companies in New York City are offering to pay new employees, as of Friday morning:
Google began publishing salary ranges alongside all of the company’s U.S.-based job postings on Nov. 1, a Google spokesperson confirmed to CNBC Make It.
An ads privacy specialist at Google working out of New York can expect to earn a base salary between $135,000 and $209,000, plus a bonus and other benefits, while a revenue specialist can expect to earn a base salary of between $103,000 and $157,000.
A senior product manager at Amazon working out of New York can expect to earn a base salary between $121,000 and $235,200, while a corporate counsel can expect to earn a base salary between $172,000 and $190,000.
Both job descriptions note that the salaries are based on a “number of factors” including location and “may vary depending on job-related knowledge, skills, and experience.”
For an applied AI analyst, the listed base salary is $90,000. “At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case,” the job posting reads.
A consultant on the health care team can expect to make $105,000.
While some NYC-based job postings on Deloitte’s careers website include a minimum and maximum salary range, others just include one number for the estimated salary.
Beginning Nov. 1, all new U.S. job postings will include salary ranges, an IBM spokesperson confirmed to CNBC Make It. The tech giant is adding salary ranges to all active NYC-based job postings that were published prior to Nov. 1.
A senior consultant working out of New York can expect to make between $95,620 and $177,580, while a legislative affairs analyst working out of Ithaca or Colorado can expect to earn between $63,000 and $97,000.
Twitter has established salary tiers for all of its U.S.-based roles, which dictate the pay range for each job based on the cost of living and working in the city where it’s listed.