• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

‘Wage theft’ law goes into effect April 12

by on
in Compensation and Benefits,Human Resources

Employers will have to keep more records and regularly explain wage and pay details to their employees under a new law signed by Gov. David Paterson in December.

Starting April 12, the law increases fines and penalties for violating New York’s minimum wage and overtime laws.

Violators will be liable for back wages, plus a fine equal to the full amount of the “theft” unless they can demonstrate they made the error in good faith.

The wage-theft bill was one of the last Paterson signed before his term ended and Gov. Andrew Cuomo took office Jan. 2.

Read more about the new law in "New N.Y. 'wage theft' law imposes stiff penalties on employers."

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/13129/wage-theft-law-goes-into-effect-april-12 "

Leave a Comment