Date Published: April 7, 2017

The New York Department of State requires  all nail salons to file a New York Wage Bond. On October 6, 2015, Governor Cuomo ordered this surety bond to be required after  an investigation on widespread and ongoing abuse and mistreatment within the nail salon industry. All nail salon owners must obtain a NY Wage Bond.

Bond Requirements. 

There are specific requirements that have to be met in order to legally run a New York nail salon. For a nail salon employer who has 2-5 full time employees, the owner needs to file at least a $25,000 surety bond. For 6-10 full time employees, the bond amount needs to be at least $40,000 and for 11-25 full time employees, a $75,000 surety bond must be filed. The greatest bond amount is $250,000 for more than 25 full time employees.

What this bond does.

The name of this bond expresses what this bond is meant to protect; wages. Before Governor Cuomo required a wage bond, employees of nail salons made as little as $30 a day for 12-13 hour days while having to pay extra unreasonable fees to their employer. This bond stops employers from taking advantage of their employees. The New York wage bond guarantees nail salon employees will be paid a legal wage under legal working conditions. In this case, the clients are not the ones being protected which is usually the case with surety bonds. For this type of bond, the employer has to have the bond in order to protect their employees from illegal wages.

Surety1 offers this bond for New York as well as many other states. Visit our page to apply for free!

How to Get Bonded

1. Apply Online
Using our Free & Secure Application
2. Get Your Free Quote
Applications are No-Obligation
3. Get Your Bond
Most Bonds are Approved in 1-2 Business Days

Surety Bond Experts

Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.

Get started with the bond application process today.

Most bonds are fully processed within 1-2 business days. In some cases, you'll hear back from Surety1 within hours!