REMARKS
Council Member Brooks-Powers presents Introduction 808-A on pay transparency and equity
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Council Member Selvena N. Brooks-Powers presents Introduction 808-A, a bill aimed at enhancing pay equity and transparency in New York City. The legislation builds on existing wage transparency laws by requiring job postings to include comprehensive information about benefits and mandating employers to justify deviations from posted pay ranges.
- The bill addresses persistent wage disparities, especially for women and communities of color
- It requires job postings to include information on health insurance, bonuses, and retirement plans
- Employers must retain written records justifying pay range deviations for 3 years
Selvena N. Brooks-Powers
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Thank you, and good afternoon, chair Williams, colleagues, advocates, and members of the public.
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I'm honored to present introduction 808, a crucial step forward in our ongoing work to ensure pay equity and transparency for all New Yorkers.
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Despite progress, wage disparities persist, especially for women and communities of color.
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Women working full time earn just 84¢ for every dollar earned by men, and the disparities are even greater for black women and Latinas, who earn 64.54¢, respectively.
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These gaps are more than statistics.
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They are various to economic security, housing stability, and intergenerational wealth potent.
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Excuse me.
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Introduction 808 builds on the existing wage transparency law by requiring that job postings include not just salary ranges, but also comprehensive information about benefits, like health insurance, bonuses, and retirement plans.
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By mandating that pay ranges be accurate and justifiable, we hold employers accountable and empower workers to negotiate fairly.
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This bill also requires employers to retain written records justifying deviations from posted pay ranges for 3 years, ensuring consistency and transparency in hiring practices.
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These measures not only promote fairness, but also fosters trust in the workplace.
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I am grateful to chair Williams for convening today's hearing, my colleagues for their support, and the advocates who have long championed pay equity.
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Together, we are taking a significant step towards eliminating systemic inequities and building a workforce where everyone has an equal opportunity to thrive.
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Thank you.
