by Subhash Viswanathan, Esq., Bond, Schoeneck & King, Syracuse
On June 19, 2014, New York Assembly and Senate passed legislation eliminating a Wage Theft Prevention Act requirement that employers must provide wage notices to all employees by Feb. 1 each year.
Gov. Andrew Cuomo was expected to sign the bill, making 2014 the last year employers had to provide the notice.
This is certainly a welcome development for employers in New York, that found the annual wage notice requirement to be extremely burdensome and costly.
Penalties for other violations
However, the news isn’t all positive. The bill also increases the penalties for an employer’s failure to provide a wage notice upon hiring a new employee and for failing to provide appropriate wage statements to employees.
It also imposes significant consequences for employers that are found to be repeat offenders.
If Cuomo signs the bill, the additional provisions will take effec...(register to read more)