Bill Passes to Eliminate NY WTPA Annual Notifications & Increases Penalties for New Hire Notifications
On Thursday, June 19th a bill was passed that will eliminate the annual notification requirement for the New York Wage Theft Prevention Act (WTPA). Assuming Governor Cuomo signs the bill, as expected, New York state employers will no longer have to distribute the WTPA notices to all employees between January and February of each year. The bill will go into effect 60 days after it is signed.
Although the removal of the annual notification relieves some of the burden on employers the amendment increases employer liability for failing to provide the new hire notification as well as other wage theft violations.
- Notices will still need to be distributed to all new employees who work in the state of New York and the new law significantly increases an employer’s risk for failing to comply to $50 per work day for a total of up to $5,000 per employee (an increase from the prior penalty which was $50 per week and a cap of $2,500)
- Employers that commit a second Labor Law violation now face an increased civil liability as the maximum penalty has been increased from $10,000 to $20,000
With the increased risk employers must ensure now more than ever that they have a process in place to manage the complex requirements of the NY WTPA new hire notifications in order to avoid the steep penalties associated with non-compliance.
Equifax can simplify the process and help ensure compliance with the new hire New York Wage Theft Prevention Act notification requirements as well as other new hire and annual notifications such as California Wage Theft, New Jersey Gender Equity, New Jersey Conscientious Employee Protection Act and others.
Equifax helps reduce the expanding costs employers are facing as they work to comply with growing legislation through Compliance Center, a customized technology platform that bundles and integrates key compliance solutions.
Equifax will monitor the situation and provide updates as available.