New York Imposes Stricter Debit Card and Direct Deposit Wage Payment Rules
APPLIES TO All Employers with New York Employees |
EFFECTIVE March 7, 2017 |
QUESTIONS? Contact HR On-Call |
Effective March 7, 2017, The New York Department of Labor (“NYDOL”) has adopted a regulation that imposes greater restrictions on employers who wish to pay wages through payroll debit cards or direct deposit. Employers will be obligated to provide additional information to employees explaining different options for wage payment, in additional to several additional regulations, described in greater detail below.