Last year, while you were hard at work, so was the New York Legislature. Lawmakers passed a record number of laws affecting employers in 2007. Some laws you may have read about, while others you may have missed. Make sure you're up to speed on new state laws that surely will impact how you manage employees in 2008 and beyond.
Contracts for commissioned salespeople
If you haven’t done so already, make certain all your commissioned salespeople have a written contract outlining the terms of their employment. The contract must describe two things in detail: (1) how wages, salary, draws and commissions are calculated while the salesperson is employed and (2) what happens after termination.
This change to the New York Wage Payment Law (NY Lab. Law §191(c)) went into effect on Oct. 16, 2007. The new provision also requires both the employee and the employer to sign the contract. You must keep a copy on file for at least three y...(register to read more)