Attention New York Employers: Is Your Bonus Plan Really Discretionary? New Act Would Expand the Definition of “Wages”
New York employers that rely on “discretionary” bonus language may soon find that their bonuses are not as discretionary as previously thought. The Wage Payment Integrity Act (S2236A/A2222A) would amend Article 6 of the New York Labor Law to treat any bonus or other compensation that is not payable at the employer’s “sole and absolute […]