NY NAIL SALON WAGE PAYMENT BOND
American Surety Bonds Agency provides simple, fast, same-day approvals for New York Nail Salon Wage Payment Bonds.
Who Needs a NY Nail Salon Wage Payment Bond?
Any nail salon or similar business is now required to be bonded if there are any number of nail specialty service employees working at the business in New York state.
The size of the bond depends on the number of registered employees:
- 2-5 employees requires a minimum $25,000 surety bond.
- 6-10 employees requires a minimum $40,000 bond.
- 11-25 employees requires a minimum $75,000 bond.
- 26 or more employees would require a minimum $125,000 bond.
Why is the Wage Payment Bond Necessary?
The bond is an instrument of protection for employees to ensure they are paid by the business for services rendered. If they are not paid, employees could file a claim to the surety who backs the bond, and receive compensation.
Secure a Nail Salon Wage Payment Bond Fast & Easy, with Same-Day Approval
Call Us Toll-free: (877) 201-8976 or start right away, online, by filling out the application on the left side of the page.