This post was originally published on this site
Minnesota has become the latest state to mandate pay transparency, as Gov. Tim Walz signed an omnibus labor bill on May 17 requiring employers to include salary ranges in job postings.
The law, which takes effect Jan. 1, 2025, applies to businesses employing 30 or more workers at one or more sites in Minnesota. It requires not only that employers advertise a good faith estimate of the annual salary or hourly compensation range for open jobs, but also details on benefits and other compensation.
Kristin Bahner, a member of the Minnesota House of Representatives, who wrote the legislation, suggested companies that are