VT LEG Disclosure of Compensation

Updated on: Jun 7, 2024

Latest Event


  • Jun. 2024 VT LEG Governor Approval
  • On Jun. 4, 2024, VT LEG reported governor signed bill HB 704; effective Jul. 1, 2025.

On May 9, VT LEG enacted bill re compensation in advertised jobs.

  • VT LEG passed HB 704 related to disclosure of compensation in job advertisements.
  • Disclosure of Compensation
  • Added new section VT LEG 21-005-006-495o to Vermont Statutes Online, to require employers to disclose the compensation or range of compensation for the job opening.
  • Posting that pays commission will state such and not required to post compensation.
  • It is unlawful for an employer to refuse to interview, hire, promote, or employ a current or prospective employee for asserting or exercising any right within this rule.
  • On/before Jan. 1, 2025, AG’s Office will publish guidance re VT LEG 21-005-006-495o.
  • Legislative History
  • On Jan. 9, 2024, bill introduced in House; on May 9, 2024, bill was passed in House.
  • On Mar. 26, 2024, bill introduced in Senate; on May 9, 2024, bill passed in Senate.
  • Effectiveness
  • If approved, act will take effect on Jul. 1, 2025.
  • Jun. 2024 VT LEG Governor Approval
  • On Jun. 4, 2024, VT LEG reported governor signed bill HB 704; effective Jul. 1, 2025.
Regulators
VT LEG
Entity Types
Corp
Reference
PR, Bill, 6/4/2024; Bill H0704, 5/9/2024; Citation: VT LEG 21-005;
Functions
Advertising; Compliance; Financial; HR; Legal
Countries
United States of America
Category
State
N/A
Products
Corporate; Payments
Rule Type
Final
Regions
Am
Rule Date
May 9, 2024
Effective Date
Jul 1, 2025
Rule ID
211676
Linked to
N/A
Reg. Last Update
Jun 4, 2024
Report Section
US Consumer