Beginning March 7, 2017, employers in New York will have to deal with a new regulation regarding the use of direct deposit and payroll debit cards for payment of wages. The new regulation, issued by the New York Department of Labor and titled “Methods of Payment of Wages,” imposes heightened notice and consent requirements on employers offering either service.
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Payroll Debit Cards
Payroll Debit Card Programs Receive Increased Scrutiny
By Hunton Andrews Kurth LLP on
Posted in Employment Policies
As payroll debit cards receive increased scrutiny from state agencies, the plaintiff’s bar, and the media, employers using debit cards to pay their employees’ wages should review their practices to ensure they are compliant with existing state laws and recommended best practices.…
Continue Reading Payroll Debit Card Programs Receive Increased Scrutiny