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Showing posts with the label HB 704 GOVDOCS

Vermont Joins Growing National Trend with New Pay Transparency Law

On June 4, 2024, Vermont Governor Phil Scott signed into law House Bill 704 ( H. 704 ). The Green Mountain State is the most recent jurisdiction to pass legislation related to pay transparency, or the required disclosure of salary ranges or hourly pay in job postings, a trend that has gained significant traction in the United States over the last several years.    What Compensation Must be Disclosed in Job Postings? Effective July 1, 2025, Vermont employers with four or more employees will be required to include compensation ranges (minimum and maximum annual salaries or hourly wages) for any job opening advertisement, including job openings where there is a base wage or range for those paid as tipped workers . The legislation provides one exception to disclosing a compensation range, and that is specifically for a job opening advertisement where the prospective employee is to be paid on a commission basis.    An advertisement as defined by the law is a written notic...