Wednesday, November 16, 2011

New York Payroll Compliance - How Does NYWTPA Affect You?

In April 2011, the New York Wage Theft Protection Act went into effect. This new law requires additional notice and record keeping requirements from New York employers. The law will mean additional time and paperwork from all New York employers in the form of written notice to be signed by the employee. Employees are to be provided with a separate written notice of pay rate, pay day, basis of pay rate, pay frequency and any types of allowances at the time of hire. Distribution of Notices requesting the employee's signature will also be required, if there is a change in position or decrease in pay, and annually between January 1st and February 1st. Notices are to be provided in English and the employee's primary language, if published by the State of New York. Employers are required to keep these signed notices for six years.

Employers who do not provide the proper wage notices can be fined $50/week per employee and could be subject to criminal penalties.

With the growing complexity of New York requirements, CIC Plus has created a solution to streamline this entire process which includes multilingual capability. This solution saves employers time, money and the worry of penalties for non-compliance. Read more about CIC Plus' New York Wage Theft Protection Act Solution >>