Attention Employers Hiring in Maryland!
Starting on Tuesday October 1, 2024, Maryland’s new Pay Transparency Law officially kicks in! Are you ready?
What does this mean for employers?
- You’ll need to include pay ranges in ALL job postings regardless of where they appear. This means recruiting sites, social media posts, paper flyers you hand out at career fairs, or something you hang on a bulletin board in the employee break room!
- If you haven’t posted a range in the listing, you’ll have to share one upon request during the hiring process.
- The law doesn’t only cover the primary hourly wage or salary, it ALSO covers differentials, bonuses, commissions, stock options, etc.! ALL associated forms of compensation.
But wait, pay transparency is not JUST about the pay! The new law also covers benefits that candidates will be eligible for including, things like company provided insurance, paid time off, or even something like employer provided meals!
Hold on, you said you aren’t in Maryland, but you have people who work remotely from there, at least partly? You are covered! If the work will be performed at least in part in Maryland, then the law applies.
Transparency is key – make sure you’re consistent and clear in your communications with candidates. The same range must me shared every time, so be sure your hiring managers are in sync with your HR team, etc.