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Tribune News Service
Tribune News Service
Business
Jeff Green, Richard Abbey, Eric Fan

NYC employers’ solution to pay transparency: $100,000 salary ranges

In the brave, newly transparent world for New York City job seekers, many will still be left wondering: Wait, how much does this role really pay?

Employers are testing the limits of a new city law requiring salary ranges on job ads by posting pay bands that, in some cases, span more than $100,000, according to a Bloomberg News analysis of over 400 open roles.

A field operations manager at Verizon Communications Inc. in Brooklyn, for example, could earn a starting salary anywhere from $92,000 to $171,000. For a New York City-based compliance director at Wells Fargo & Co., the range spans $173,300 to $359,000 — a difference of over $180,000. At International Business Machines Corp., the potential salary for a technology engineer runs from $73,000 to $152,000, more than double, according to postings on company web sites and the job site Indeed.com.

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