The New Jersey legislature recently passed a pay transparency law that, if signed by Governor Murphy, would go into effect 6 months thereafter (Bill Text: NJ S2310 | 2024-2025 | Regular Session | Introduced | LegiScan).
This law would require all employers with 10 or more employees, who have employees or do business in, or take applications from, New Jersey, to include compensation and benefits information in all new job postings. This includes the hourly wage or salary for the role (or the applicable range), as well as a general description of benefits and other compensation programs for which the employee would be eligible.
Notably, similar to the Colorado pay transparency law, the New Jersey law would also require employers to “make reasonable efforts to announce, post, or otherwise make known” similar information for opportunities for promotion that are advertised either externally or internally to all current employees in the affected department(s) prior to making a promotion decision.