Introduction
Pay transparency is becoming a critical compliance factor for businesses across the United States. In 2025, new laws in Illinois, Minnesota, New Jersey, Vermont, and Massachusetts will require employers to disclose salary ranges and benefits in job postings. While these regulations aim to promote fair pay practices, they also introduce new compliance challenges for business owners.
BNX Business Advisors is committed to helping companies navigate these changes seamlessly. In this article, we’ll break down what these new laws entail, how they impact businesses, and what steps employers must take to remain compliant.
Understanding the 2025 Pay Transparency Laws
Illinois
- Effective Date: January 1, 2025
- Who’s Affected: Employers with at least 15 employees
- Key Requirement: Job postings must include salary or wage ranges and a general description of benefits, including bonuses, stock options, or other incentives.
Minnesota
- Effective Date: January 1, 2025
- Who’s Affected: Employers with 30+ employees in Minnesota
- Key Requirement: Employers must disclose the starting salary range and a general description of all benefits. A fixed pay rate may also be provided.
New Jersey
- Effective Date: June 1, 2025
- Who’s Affected: Employers with at least 10 employees working for 20+ weeks
- Key Requirement: Job postings must include salary details and a description of benefits. Employers must also notify employees about promotional opportunities before making decisions.
Vermont
- Effective Date: July 1, 2025
- Who’s Affected: Employers with 5+ employees
- Key Requirement: Employers must disclose compensation ranges in job ads. For commission-based roles, they must outline the commission structure. For tipped positions, the base wage must be stated.
Massachusetts
- Effective Date: October 29, 2025
- Who’s Affected: Employers with 25+ employees
- Key Requirement: Salary ranges must be included in all job postings, including those managed by third-party recruiters. Employers must also disclose pay ranges to current employees upon request.
Why Pay Transparency Matters
These laws are designed to ensure fair compensation and reduce pay disparities. However, businesses that fail to comply risk penalties, lawsuits, and reputational damage. Compliance is not just a legal necessity—it’s an opportunity to build trust with employees, attract top talent, and strengthen company culture.
How BNX Business Advisors Can Help
BNX Business Advisors specializes in helping businesses implement strategic compliance frameworks. Our Tactical Engagement approach ensures that companies meet regulatory requirements while maintaining competitive and sustainable compensation practices. We assist with:
- Salary Benchmarking & Market Analysis – Ensuring that disclosed pay ranges are competitive and fair
- Compliance Audits – Reviewing existing compensation policies to identify gaps
- Training & Policy Development – Educating HR teams and leadership on compliance best practices
- Multi-State Compliance Strategy – Creating tailored plans for businesses operating in multiple states
Stay ahead of these changes by working with BNX Business Advisors. Contact us today to ensure your business is prepared for the 2025 pay transparency laws.