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May 11, 2025
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Government

New York City luxury businesses face pay transparency law

October 28, 2022

Fifth Avenue Shopping The law will impact the hiring practices of some 650,000 companies, including the many luxury brands currently operating out of the metropolitan area in some capacity. Image credit: Fifth Avenue Association

 

By Luxury Daily News Service

Effective Nov. 1, New York City-based companies will be required to pair job postings with salary ranges, per legislation passed at the top of this year.

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  1. Luxury Unfiltered: How Gen Z is turning the Birkin into Wall Street’s hottest commodity
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  3. The Langham, Lucid Air bring custom house cars to NYC, LA
  4. De Beers Group to discontinue lab-grown diamond business
  5. Fendi funds restoration of Renaissance-era landmark
  6. Porsche cuts ribbon on esports facility in Cologne
  7. ThredUp launches first-ever digital vintage pop-up
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  9. Longines wraps role as official timekeeper of 151st Kentucky Derby
  10. BMW North America highlights history in 50th anniversary series
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