In response to some of the inaccurate information published this past week regarding Cuomo’s nail salon wage bond mandate, SuretyBonds.com has put together a factsheet to better educate the public, policymakers and the salon owners affected.
The new regulations announced this summer are targeted toward improving the working conditions of nail salon workers in the state. The latest action comes in the form of a strict bond requirement for all salon owners effective Oct. 6. Owners have pushed back to enforcing agencies prompting legislators to reconsider whether the mandate would bring value or more damages to the industry as a whole, shifting focus away from the workers yet again.
You can also read up on our coverage on the wage bond developments since Cuomo’s first announcement in May: