A new law signed by Governor Phil Murphy on Monday requires businesses with 10 or more employees to advertise the salary range and benefits when listing a new job.

“Far too often, employees are uncertain or unaware of opportunities for growth and added compensation and this bill is designed to change that,” Assemblyman Joe Danielsen, the bill’s sponsor, said in a statement.

“Every employee deserves a fair chance at advancement, and this bill will provide an extra resource in making sure job promotions are well publicized.”

According to the now signed law, an “employer” is defined as “any person, company, corporation, firm, labor organization, or association which has 10 or more employees over 20 calendar weeks and does business, employs persons, or takes applications for employment within this state.” Notably, there is no language requiring that employees be located within New Jersey to be counted.

Businesses which violate the law will face a $300 fine for a first-time offense and $600 for any offenses afterward. The bill takes effect six months from today.

A similar law has been in effect in Jersey City for several years now, but will now apply statewide.