New York S05990 mandates employers to disclose employee compensation and benefits, including bonuses and stock options, upon request.

New York S05990, known as the "benefit transparency act," requires employers to disclose compensation and benefits details to employees and job candidates. This includes base salary, bonuses, stock options, and benefits like health insurance and paid time off. Employers must provide this information upon request and annually. The bill also mandates employers to keep records of salary deviations and prohibits retaliation against employees who exercise their rights under the act. The commissioner is tasked with creating rules and conducting a public awareness campaign.

New York S05990 mandates employers to disclose employee compensation and benefits, including bonuses and stock options, upon request.

New York S05990, known as the "benefit transparency act," requires employers to disclose compensation and benefits details to employees and job candidates. This includes base salary, bonuses, stock options, and benefits like health insurance and paid time off. Employers must provide this information upon request and annually. The bill also mandates employers to keep records of salary deviations and prohibits retaliation against employees who exercise their rights under the act. The commissioner is tasked with creating rules and conducting a public awareness campaign.