In the wake of a two-part exposé in the New York Times earlier this summer detailing the exploitation of New York nail salon workers, Gov. Cuomo has quickly instated new regulations for their protection. Effective October 6, nail salon owners are required to post a wage bond, ensuring that their employees will be paid fairly. The wage bond mandate has been met with opposition and resistance from nail salon owners. Their main concerns are where to purchase the bond, how much it will cost and why they need it.
In response to the confusion, SuretyBonds.com answers some FAQs addressing some of the bigger questions for salon owners:
NY Nail Salon Wage Bond FAQs
Refer to our Nail Salon Wage Bond factsheet and our dedicated bond page for even more information about this bond.
SuretyBonds.com has followed this story since the exposé’s May publication. Check out our previous coverage:
Proposed NY Nail Salon Legislation Targets Enforcement
NY Governor Implements Emergency Measures For Nail Salons