Pay disclosure gets pushback in NYC By Cate Chapman, Editor at LinkedIn News Updated 1 hour ago New York City’s biggest companies are pushing back against a salary-transparency law set to take effect in May. Citing labor shortages and diversity goals, companies such as JPMorgan Chase and IBM argued in a letter to City Council that posting competitive salaries higher than what current employees receive could create conflict. The law requires minimum and maximum salaries to be advertised for positions — remote or in-person, salaried or hourly — to be performed in the city, in a bid to reduce gender and racial pay gaps. The companies, members of the Partnership for New York City, have requested the following changes to the law: The effective date be pushed to November Companies with fewer than 15 employees be exempted General postings for “Help Wanted” be exempted