>(2) An employer shall disclose in each posting for each job opening the hourly or salary compensation, or a range of the hourly or salary compensation, and a general description of all of the benefits and other compensation to be offered to the hired applicant.
>Upon finding that an employer has violated this part 2, the director may order the employer to pay a fine of no less than five hundred dollars and no more than ten thousand dollars per violation.
=================== Additional Information (Colorado only) Minimum Salary of $198,000 - $212,000 + bonus + equity + benefits. Note: Disclosure as required by sb19-085 (8-5-20) of the minimum salary compensation range for this role when being hired into our offices in Colorado.
And AFAIUI, they don't really have that much of a problem with actually hiring people a little above the range. It's thought that the labor market pressures of stating too low of a salary range cutting into your talent pool is an appropriate counteraction.
I agree that there's still room for discrimination, but it's a step up from what it was, particularly on the lower end of the scale. I know of a lot of people in the 50k-60k range that were able to increase their salary because of this law.