SF2235

Purpose

The bill would require employers to be transparent in job postings by sharing how much the job pays and what benefits are offered, including whether the health plan options meet state cost-sharing limits. This aims to help applicants compare offers more easily and ensure health plan costs are protected by law.

Main provisions

• For every job posting, an employer must disclose:
  • the starting salary range for the position, and
  • a general description of all benefits and other compensation (including health and retirement benefits) to be offered to a hired applicant.
• The posting must also state whether a hired applicant would be offered a health plan option that complies with the cost-sharing limits under section 62Q.481 subdivision 1.
• If the employer does not plan to offer a salary range for a position, the posting must list a fixed pay rate.
• A salary range may not be open-ended.

Significance and changes to law

• Amends Minnesota Statutes 2024 section 181.173 subdivision 2 to mandate salary range disclosures in job postings and to require information on health plan cost-sharing compliance.
• Strengthens requirements around what must be disclosed in recruitment materials, tying compensation details to health plan cost-sharing rules.

Who is affected

• Employers in Minnesota who post job openings.
• Job applicants who review postings and compare compensation and benefits.

Additional context

• The bill explicitly ties compensation transparency to health plan benefits and cost-sharing limits, linking wage information with health benefit commitments.

Relevant Terms - job postings - starting salary range - benefits and other compensation - health plan option - cost-sharing limits - section 62Q.481 subdivision 1 - health benefits - retirement benefits - fixed pay rate - open-ended salary range - Minnesota Statutes 2024 section 181.173 subdivision 2 - employer - employee recruitment