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NFIB Opposes New “Pay Transparency” Bill in Trenton

NFIB Opposes New “Pay Transparency” Bill in Trenton

February 12, 2024 Last Edit: July 22, 2024

Assembly Bill No. 3501 would require salary, compensation, and benefit information to be included in most job postings.

Last week (February 5), 29th District Assemblywoman Shanique Speight (Essex and Hudson Counties) introduced Assembly Bill No. 3501, which would require business owners to include salary, compensation, and benefit information in most job postings. This new “Pay Transparency” legislation and similar mandate proposals in other state legislatures are strongly opposed by NFIB.

AB3501 includes all public and private employers in New Jersey with 10 or more employees, and the requirement applies to postings on platforms owned or controlled by employers or on third party platforms. The bill defines an advertisement expansively to mean “any circulation, mailing, posting, or any other form of publication, utilizing any media, promoting an employer or intending to alert its audience, regardless of size, to the availability of any position of employment.”

If AB3501 became law, any employer that fails to include the required information in a job posting “will be liable for a civil penalty, collectible by the [New Jersey] Commissioner of Labor and Workforce.”

Just last month in NFIB’s 2024 New Jersey State Member Ballot, small business owners registered their strong opposition to so-called “Pay Transparency” employer mandates. When asked “Should New Jersey require employers to disclose salary ranges and benefits on job postings?”, nearly 80 percent of NFIB members said no.

NFIB State Director Eileen Kean will keep New Jersey members informed as the new legislative session develops.

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