With the passage of Senate Bill 245, West Virginia made the use of payroll card payments that much easier for employers in the Mountain State. Up to this point, payroll cards were an acceptable form of compensation in West Virginia, but only if both the employer and the employee agreed. Now, in the wake of…
Read More »We’re glad to advise that the New York State Department of Labor (NYSDOL) regulations we reported on last week regarding employers paying wages by debit cards or direct deposit have been revoked by the New York Industrial Board of Appeals. The regulations were to take effect next Tuesday, March 7, 2017 but now are no longer…
Read More »The New York State Department of Labor (NYSDOL) has been working on drafting final regulations for it over a year now, but it would appear the NYSDOL has finally settled on new rules governing what New York employers using direct deposit must and must not do with their employees. Effective March 7, 2017, Empire State…
Read More »New York Department of Labor issued new regulations earlier this month dramatically limiting fees associated with payroll cards. Among the array of provisions now in effect is one that prohibits employers from receiving any financial remuneration from the issuer, card sponsor, or any third party for paying wages by payroll card. In addition, the regulations…
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