New York A05906 requires employers to disclose compensation and benefits when advertising job opportunities.
New York A05906, known as the "benefit transparency act," mandates that employers disclose compensation and benefits when advertising job opportunities. Employers must include the compensation range, insurance plans, premium costs, deductibles, coinsurance, copayments, benefit caps, and coverage details. Employers must also provide a job description and disclose compensation upon request. Failure to comply results in a civil penalty. The act aims to ensure transparency in employee compensation and benefits.
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