News & Analysis as of

Disclosure Requirements Compensation & Benefits

FordHarrison

Is Your Company Ready to Disclose Salary Information and Promotional Opportunities Under New Jersey's Pay Transparency Act?

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On June 1, 2025, New Jersey’s Pay Transparency Act (Act) takes effect. The new Act requires certain New Jersey employers to: (1) make sure job postings include compensation and benefits information; and (2) inform current...more

Jackson Lewis P.C.

Cleveland’s Pay Transparency and Compensation History Law: Breaking Down the New Employer Requirements

Jackson Lewis P.C. on

Employers in Cleveland will need to change their hiring practices to comply with the city’s new pay transparency and compensation history law that goes into effect on Oct. 27, 2025. On April 30, 2025, Cleveland enacted...more

Foley & Lardner LLP

Pay Transparency Laws Are Trending: What’s Coming in 2025 Q2 & Q3

Foley & Lardner LLP on

Pay transparency is quickly becoming a major focus in the U.S. While there is no comprehensive federal pay transparency law in the U.S., states and municipalities have been implementing a variety of laws designed to address...more

Littler

EU Pay Transparency Directive – Worker’s Right to Receive Information

Littler on

EU countries must implement the regulations of the EU Pay Transparency Directive into local laws by June 7, 2026. The Directive introduces new obligations for employers and rights for workers. This includes workers’ right to...more

Goldberg Segalla

New Jersey Employers: New Pay Transparency Act Goes into Effect June 1

Goldberg Segalla on

As of June 1, New Jersey will join a growing number of states requiring pay transparency in job postings. The Pay Transparency Act that New Jersey Gov. Phil Murphy signed into law mandates employers post internal and external...more

Foley & Lardner LLP

Benefits Basics - When an Employee Dies: A Resource Guide for HR & Benefits Professionals

Foley & Lardner LLP on

As a member of your company’s human resources or employee benefits department, one of the most difficult calls you may receive is from a colleague or an employee’s family member notifying you of the death of an employee. This...more

Mintz - Employment Viewpoints

The State of Pay Transparency in 2025

Pay transparency laws have taken the country by storm over the last few years, and 5 additional states (Illinois, Minnesota, Massachusetts, New Jersey, and Vermont) have debuted or will debut their own versions in 2025. ...more

Jackson Lewis P.C.

Massachusetts Pay Transparency Law: What Employers Need to Know Before February

Jackson Lewis P.C. on

Last July, Massachusetts joined a growing number of states mandating that employers provide pay transparency to employees. The Massachusetts pay transparency law also includes a wage data reporting component that requires...more

Wiley Rein LLP

FAR Council Withdraws Rulemakings on Pay Transparency and Contractor Disclosure of Greenhouse Gas Emissions

Wiley Rein LLP on

WHAT: The Federal Acquisition Regulatory Council (FAR Council) announced this week that it is withdrawing two proposed rules. First, it withdrew a January 2024 proposed rule that sought to prohibit government contractors from...more

MoFo Employment Law Commentary (ELC)

FAR Council Withdraws “Pay Equity and Transparency” Proposed Rule

On January 8, 2025, the Office of Federal Procurement Policy (OFPP) and the Federal Acquisition Regulation (FAR) Council withdrew a proposed rule that would have banned federal contractors and subcontractors from seeking or...more

Skadden, Arps, Slate, Meagher & Flom LLP

ISS Issues Updated FAQs on US Executive Compensation Policies for 2025

On December 13, 2024, Institutional Shareholder Services (ISS) issued updated Frequently Asked Questions (FAQ) related to its U.S. Executive Compensation Policies effective for shareholder meetings occurring on or after...more

Jackson Lewis P.C.

FAR Council Withdraws Proposed Federal Contractor Pay Transparency Rule

Jackson Lewis P.C. on

Citing limited time in the remaining administration and desire to focus on “other priorities”, the Federal Acquisition Regulatory Council announced its withdrawal of the pending proposed rule requiring federal contractors...more

Snell & Wilmer

ISS Updates its Executive Compensation Policy FAQs for 2025 Proxy Season

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Institutional Shareholder Services Inc. (“ISS”), a leading proxy advisory firm, recently updated its Executive Compensation Policy Frequently Asked Questions (“FAQs”). A full link to the ISS guidance can be found here....more

BCLP

Perk Redux - Yet Another Company Stumbles Over SEC Executive Compensation Rules

BCLP on

On December 17, 2024, the SEC announced settled charges against Express, Inc. for failing to disclose perks paid to its then CEO, including personal use of airplanes. Without admitting or denying the SEC’s findings,...more

Jackson Lewis P.C.

10 Key Takeaways for Employers on New Illinois Pay Transparency in Job Posting Law

Jackson Lewis P.C. on

The long-awaited frequently asked questions (FAQs) from the Illinois Department of Labor (IDOL) governing the state’s new pay transparency in job posting requirements were published on Nov. 22, 2024. The FAQs further clarify...more

Faegre Drinker Biddle & Reath LLP

New Jersey Adopts Salary and Benefit Disclosure Requirements for New Job Postings, Promotions and Transfers

New Jersey Joins a Growing List of States Requiring Greater Pay Transparency - On November 18, 2024, New Jersey Governor Phil Murphy signed Senate Bill 2310 (S2310) into law requiring employers to provide notice of...more

Williams Mullen

Annual Employee Benefits Compliance Checklists - Plan Administrators

Williams Mullen on

Plan administrators should review the following actions to be taken before the end of 2024 and focus on what to expect for 2025. The following checklist addresses plan amendments, notices, and other considerations for...more

Jackson Lewis P.C.

Transparency Takes Center Stage: NJ Governor Signs Bill Requiring Salary Disclosure in Job Postings

Jackson Lewis P.C. on

New Jersey Governor Phil Murphy has signed into law a new statute requiring pay transparency. The law will become effective on June 1, 2025. Specifically, the law requires all employers that have at least 10 employees over...more

Fox Rothschild LLP

New Jersey’s New Pay Transparency Law: Guidance for Employers

Fox Rothschild LLP on

Starting June 1, 2025, New Jersey employers will need to be transparent about employee compensation when posting new job openings and providing notice to existing employees of internal promotional opportunities. The...more

Amundsen Davis LLC

Pay Transparency in Illinois Starts on January 1, 2025

Amundsen Davis LLC on

Pay transparency laws are regulations that require employers to disclose salary information. These laws are designed to address issues like gender pay gaps, racial wage disparities, and overall wage inequality. They are...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New Jersey Pay Transparency Law Is the Stroke of a Pen (and Seven Months) Away From Becoming Law

On September 26, 2024, the New Jersey Legislature passed Senate Bill 2310 (S2310), which will require transparency about compensation and benefits in internal and external postings of promotion opportunities, job listings,...more

Whiteford

Employment Law Update: Two New Maryland Employment Laws Set to Take Effect on October 1, 2024

Whiteford on

During this year’s legislative session, the Maryland General Assembly passed new laws requiring employers to disclose certain wage information when posting job openings, as well as requirements to provide existing employees...more

Jackson Lewis P.C.

Vermont Latest in Growing List of States to Enact Pay Disclosure Law

Jackson Lewis P.C. on

Vermont Governor Phil Scott signed H.704 on June 4, 2024, mandating pay transparency in job postings and advertisements. Effective July 1, 2025, employers with at least five employees must include in any “Vermont job opening”...more

Jackson Lewis P.C.

Minnesota Job Postings Must Comply With New Compensation Disclosure Requirements Beginning January 2025

Jackson Lewis P.C. on

The final days of the 2024 Minnesota legislative session brought a flurry of activity impacting Minnesota employment laws, including many substantive changes to existing Minnesota employment laws and several new employment...more

Snell & Wilmer

Donning the Plan, Forgetting the Top Hat: A Common Oversight in ERISA Compliance

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When drafting a deferred compensation plan or agreement for a key employee (a “top hat plan”), the focus is almost always on the terms of the plan. In the process, many employers miss a crucial step—filing the top hat...more

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