NYC to Ban Inquiries Regarding Applicants’ Compensation History

As previously reported, New York City is set to ban firms from inquiring about prospective employees’ salary history in connection with the recruiting and hiring process.  On May 4, 2017, Mayor Bill de Blasio signed the bill into law, and the new law will take effect on October 31, 2017.  In the attached article, published in the Hedge Fund Law Report on May 11, 2017, we describe the new law, including what practices will and will not be permitted, and provide advice regarding what steps firms should take to prepare in advance of the law’s implementation. 

Click here to read the full article.

Contact Information

If you have any questions concerning this alert, please contact:

Richard J. Rabin
rrabin@akingump.com
212.872.1086
New York
Desiree E. Busching
dbusching@akingump.com
212.872.1061
New York


Jeffrey L. Wiener

jwiener@akingump.com
212.872.8084
New York