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NY A04283
Bill
Status
2/14/2023
Primary Sponsor
Phillip Steck
Click for details
AI Summary
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Amends Labor Law Section 190 to include "bonus" in the definition of wages alongside time, piece, and commission-based earnings.
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Establishes that bonuses constitute wages when either: (a) the bonus formula is certain and all calculation data is available to the employer, or (b) the employer has declared the bonus amount.
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Creates new Labor Law Section 193-a declaring all wages covered under the article non-forfeitable once the wage amount is known or can be determined with reasonable certainty.
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Takes effect immediately upon enactment.
Legislative Description
Includes bonus in the definition of wages for purposes of the labor law when the formula under which a bonus is determined is available to the employer or when the amount of a bonus has been declared; relates to the forfeit of wages.
Last Action
referred to labor
1/3/2024