Minnesota: Latest state to Mandate Employers to Include Pay in all Job Postings
Effective January 1, 2025, Minnesota mandates all employers with 30 or more employees in Minnesota to include a pay range or fixed pay rate on all job postings. The hope is that job seekers have a better understanding of their potential earnings prior to submitting an application. This new pay equity and pay transparency law builds on the state's recent legislation which prohibits asking applicants about their pay history. A few key points include: It applies not only to job postings but to job postings by third party recruiters, such as "staffing agencies". If the listing includes a pay range, it must be a "good faith estimate" reflecting realistic expectation of what will be offered for the position. It should not be an open-ended range. The job posting must also include a general description of benefits and "other compensation" offered. This includes health insurance, retirement plans, bonuses, and any other financial perks associated with the pos...