New York’s Regulatory Overhaul Limiting Wage Payment via Paycard & Direct Deposit Halted
On September 7, 2016, the New York State Department of Labor (NYSDOL) approved new wage payment regulations that would require New York employers to satisfy stringent notice requirements and obtain employee consent before paying wages by direct deposit or debit card. The regulations ban debit card (pay card) companies from collecting fees from employees using…
New York’s Regulatory Overhaul Limiting Wage Payment via Paycard & Direct Deposit Halted Read More