S 5990 —

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill amends 1 section(s) of the New York Consolidated Laws: Section 194-b of the labor law.

• Section 194-b of the labor law

  and , if such description exists → , other compensation, benefits, and position description italics any other forms of compensation not required to be disclosed in subparagraph (i) of this paragraph for which the position may be eligi- ble, including bonuses, stocks, bonds, options, and equity or ownership; (iii) a general description of all benefits that an employer reason- ably expects in good faith to offer for such job, promotion or transfer opportunity, including health insurance benefits, paid time off, paid disability insurance, and paid family leave; and (iv) If an employer offers a base salary outside the advertised range, the employer shall retain a written record listing the reasons for offering a salary outside the advertised range for no less than three years after the date the position is filled. c. d. An employment agency, employer, or employee or agent thereof shall disclose to current employees upon request, but no more frequently than annually, the current range of compensation, including base salary and other forms of monetary and non-monetary compensation for such employ- ee's current job title and any other positions requiring equal or substantially similar skill, effort, and responsibility that are performed under similar working conditions. For any other non-monetary compensation, the range shall be calculated using the units of such non-monetary compensation. e. An employment agency, employer, or employee or agent thereof who does not issue an advertisement for a job, promotion, or transfer oppor- tunity shall disclose the minimum and maximum wages, including base compensation, non-wage compensation, and benefits which may be offered for such position upon the request of any prospective candidate at any point during the hiring process. f. Within five business days of making an offer of employment for a job, promotion, or transfer opportunity that will physically be performed, at least in part, in the state of New York, an employer shall provide the offeree with information related to current benefit plans that such offeree would be eligible for if such offeree were to imme- diately commence employment, if such offeree is eligible for any benefit plans through the employer or through a union, including: (i) the identity of any available insurance plans; (ii) premium costs attributable to the employee in a specified pay period; (iii) annual deductibles; (iv) coinsurance; (v) copayments; (vi) annual or lifetime caps on benefits; (vii) coverage of preventive services; (viii) coverage for prenatal and reproductive health care; (ix) coverage of existing and new drugs; (x) coverage for medical tests, devices, and procedures; (xi) a link to search for in-network providers, if available; and (xii) out-of-network coverage provisions. based on factors such as relevant qualifications, the budgeted amount avail- able for the position, applicable pay scale or compensation model relied upon by the employer, the actual range of compensation for those currently holding the position or equivalent positions, or other opera- tional considerations d. "offeree" shall mean any individual with a pending offer of employ- ment for a job, promotion, or transfer opportunity. , or to narrow in any way the scope of the definition of wages in subdivision one of section one hundred ninety of this article

  amended

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