Those looking for new jobs or entering the workforce for the first time will now have a much clearer picture on how much money they’ll take home with each paycheck. 

The salary transparency law went into effect on Tuesday and requires all employers with four or more employees or one or more domestic workers to include salary ranges in any ads for open positions.  

“There’s a lot of people who don’t know what they’re going into,” said one Bronx Community College student. “With this new law it’s going to be really helpful.” 

If not followed, employers could face fines up to $250,000 for repeat offenses.  

“New York City is demonstrating the importance of salary transparency for job seekers and employees alike,” said City Council Speaker Adrienne Adams. “We must narrow stubborn gender and racial pay gaps, especially for Black, Latina, Indigenous and Asian women.” 

One business consultant told News 12 that some companies are already trying to work around the law by posting very wide salary ranges.